Remitly Global Stock News

Remitly's digital-first approach and AI integration have driven significant growth in revenue, active customers, and operational efficiency, making it a compelling investment. The company has shown impressive international expansion, with 80% growth since 2020. Despite a competitive landscape and potential risks from cryptocurrency and policy changes, Remitly's strong execution and strategic po...

Bear markets can happen quickly. One day, the stock market is trading at all-time highs, and the next thing you know, your portfolio is in a 20% drawdown.

Remitly Global, Inc. (NASDAQ:RELY ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Stephen Shulstein - Vice President of Investor Relations Matt Oppenheimer - Co-Founder and Chief Executive Officer Vikas Mehta - Chief Financial Officer Conference Call Participants Andrew Schmidt - Citigroup Rufus Hone - BMO Chris Kennedy - William Blair Darrin Peller - Wolfe ...

Fourth quarter active customers up 32% and revenue up 33% year over year Fourth quarter net loss was $5.7 million and Adjusted EBITDA was $43.7 million

SEATTLE, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will report fourth quarter and full year 2024 financial results after the market close on Wednesday, February 19, 2025. Management will host a conference call and live webcast to present the Company's financi...

It paid to bet on hypergrowth stocks in 2024. As the page turns to 2025, what will the market have in store for investors in these fast-moving companies?

Remitly Global: I Expect Consistent Profitability Going Forward

Remitly has an A Accumulation/Distribution Rating and up/down volume ratio of 1.7. The post Money Transfer Provider Is Again Impressing Funds appeared first on Investor's Business Daily.