tiprankstipranks
Remitly Global Reports Strong Q3 2024 Results
Company Announcements

Remitly Global Reports Strong Q3 2024 Results

Don't Miss our Black Friday Offers:

Remitly Global ( (RELY) ) has shared an announcement.

Remitly Global, Inc. has reported a strong third quarter for 2024 with a significant increase in active customers and revenue growth of 39% year-over-year. The company has achieved profitability with a GAAP net income and a record Adjusted EBITDA of $46.7 million. With an optimistic outlook, Remitly has raised its full-year 2024 revenue expectations, showcasing promising growth opportunities for the future, while continuing to transform the financial services sector across borders.

See more data about RELY stock on TipRanks’ Stock Analysis page.

Related Articles
Radhika Saraogi3 Best Stocks to Buy Now, 11/18/2024, According to Top Analysts 
TheFlyRemitly Global price target raised to $23 from $20 at Barclays
TheFlyLargest borrow rate increases among liquid names
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App