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Stock impact report

Remitly Reports Fourth Quarter and Full Year 2023 Results

Remitly Global, Inc. (RELY) 
US:NASDAQ Investor Relations: realindustryinc.com
Company Research Source: GlobeNewswire
Active customers up 41% year over yearSend volume up 38% year over yearRevenue up 39% year over year SEATTLE, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, reported results for the fourth quarter and full year ended December 31, 2023. “Our strong fourth quarter and full year 2023 performance is the direct result of delighting our customers with a reliable and fast cross-border payments experience,” said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. “We see significant opportunities ahead to continue driving strong customer growth and sustainably improving our profitability.” Fourth Quarter 2023 Highlights and Key Operating Data(All comparisons relative to the fourth quarter of 2022) Active customers increased to 5.9 million, from 4.2 million, up 41%.Send volume increased to $11.1 billion, from $8.1 billion, up 38%.Revenue totaled $264.8 million, compared to $191 Show less Read more
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