NasdaqGS:RELYDiversified Financial
Remitly’s Earnings Test of Sustained Growth and Softer Guidance Might Change The Case For Investing In RELY
Earlier this week, online money transfer platform Remitly Global (NASDAQ: RELY) announced it would release its latest earnings results after Wednesday’s market close, following a prior quarter in which revenue rose 24.7% year on year and active customers reached 8.9 million, up 21.9% year on year.
The upcoming report will test whether Remitly can sustain this recent pace of revenue and customer growth while addressing slightly softer revenue guidance that previously fell short of analyst...