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Stock impact report

Remitly Global (RELY): Firm Expects 28% YoY Growth [Yahoo! Finance]

Remitly Global, Inc. (RELY) 
US:NASDAQ Investor Relations: realindustryinc.com
Company Research Source: Yahoo! Finance
In early November, the company posted earnings for the third quarter of 2025, reporting earnings per share of $0.04, beating estimates by $0.01. The revenue over the period was $419.49 million, up 24.7% year-on-year and beating estimates by $5.76 million. For the full fiscal year, the firm expects the total revenue to be in the range of $1.619 billion to $1.621 billion, representing a growth rate of 28% year over year. Matt Oppenheimer, the chief of Remitly Global, Inc. (NASDAQ:RELY), recently provided a preliminary outlook for the medium-term financial targets for 2028, as well with revenue expected to be in a range of $2.6 billion to $3 billion. Adjusted EBITDA is expected to be between $575 million and $600 million, reflecting a 20%-22% margin. Remitly Global, Inc. (NASDAQ:RELY) engages in the provision of digital financial services in the United States, Canada, and internationally. While we acknowledge the potential of RELY as an investment, we believe certain AI stocks off Show less Read more
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