Remitly is a global fintech specializing in remittances, boasting strong unit economics and effective marketing campaigns to drive active user growth. In Q1, Remitly grew revenue by a stunning 34% and send volume by 41%, demonstrating an accelerated growth continuation in core KPIs, despite being founded fourteen years ago. The stock appears fairly valued relative to its expected earnings growth, supporting a strong buy rating.
Remitly Global, Inc. (NASDAQ:RELY ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Stephen Shulstein - Vice President, Investor Relations Matt Oppenheimer - Co-Founder and CEO Vikas Mehta - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Andrew Schmidt - Citi Chris Kennedy - William Blair Will Nance - Goldman Sachs Ramsey El-Assal - Barclays Andrew Bauch - Wells Fargo David Scharf - Citizens Capital Markets Darrin Peller - Wolfe Research Alex Markgraff - KBCM Grace Wong - BMO Capital Markets Zachary Gunn - FT Partners Gus Gala - Monness, Crespi, Hardt & Co. Operator Good day and thank you for standing by. Welcome to Remitly's First Quarter 2025 Earnings Conference Call.
Remitly Global, Inc. (RELY) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.11 per share a year ago.
Growth stocks can be exciting. However, intelligent investors understand that big winners don't just come from fast growth, but through a combination of growth at a cheap price.
Remitly Global (RELY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Remitly Global (RELY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
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 Research Alex Markgraff - KBCM Operator Good day, and thank you for standing by. Welcome to the Remitly's Fourth Quarter 2024 Earnings Conference Call.
Remitly Global, Inc. (RELY) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.19 per share a year ago.
Growth stocks have made a comeback in 2024. I am seeing select stocks shoot up 100%, 200%, or more just this year.
Remitly Global, Inc. (NASDAQ:RELY ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Stephen Shulstein - Vice President, Investor Relations Matt Oppenheimer - Co-Founder and Chief Executive Officer Vikas Mehta - Chief Financial Officer Conference Call Participants Andrew Schmidt - Citi Andrew Bauch - Wells Fargo Ramsey El-Assal - Barclays Will Nance - Goldman Sachs Tien-Tsin Huang - JPMorgan David Scharf - Citizens JMP Rufus Hone - BMO Capital Markets Cris Kennedy - William Blair Darrin Peller - Wolfe Research Alex Markgraff - KBCM Gus Gala - MCH & Co. Zachary Gunn - FT Partners Operator Hello, and welcome to Remitly's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Remitly Global, Inc. (RELY) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to loss of $0.20 per share a year ago.
Shares of Remitly surged in after-hours trading as the Seattle-based digital remittance company reported its first profitable quarter.