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0 0 0 0 -0.0032362459546926 0.0119741100323625 -0.0148867313915858 -0.0168284789644013
Stock impact report

Remitly Global First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]

Remitly Global, Inc. (RELY) 
US:NASDAQ Investor Relations: realindustryinc.com
Company Research Source: Yahoo! Finance
Net loss: US$21.1m (loss narrowed by 26% from 1Q 2023). US$0.11 loss per share (improved from US$0.16 loss in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Remitly Global EPS Beats Expectations, Revenues Fall Short Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 25%. Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Diversified Financial industry in the US. Performance of the American Diversified Financial industry. The company's shares are down 13% from a week ago. Risk Analysis It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Remitly Global , and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editoria Show less Read more
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