NasdaqGS:RELYDiversified Financial
Remitly (RELY) Profitability Milestone Reinforces Bullish Narratives Despite Rich P/E Multiple
Remitly Global (RELY) opened 2026 with Q1 revenue of US$452.8 million and basic EPS of US$0.23, alongside net income of US$49.1 million, as the stock trades around US$22.79. The company has seen quarterly revenue move from US$361.6 million in Q1 2025 to US$452.8 million in Q1 2026, while basic EPS shifted from US$0.06 to US$0.23 over the same period, and trailing 12 month EPS reached US$0.51 on net income of US$105.6 million. For investors, that combination of growing top line and expanding...