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Stockreport

Remitly (NASDAQ:RELY) Misses Q1 Sales Targets, Stock Drops 20.7% [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.24 billion at the midpoint. It made a GAAP loss of $0.11 per share, improving from its loss of $0.16 per share in the same quarter last year. Is now the time to buy Remitly? Find out in our full research report Remitly (RELY) Q1 CY2024 Highlights: Revenue: $269.1 million vs analyst estimates of $273.9 million (1.7% miss) EPS: -$0.11 vs analyst estimates of -$0.15 (25.2% beat) The company reconfirmed its revenue guidance for the full year of $1.24 billion at the midpoint Gross Margin (GAAP): 59.1%, up from 53.9% in the same quarter last year Free Cash Flow was -$61.12 million compared to -$35.06 million in the previous quarter Active Customers: 6.2 million, up 1.6 million year on year Market Capitalization: $3.43 billion “We are pleased with our strong start to the year that reflects our resilient customer base and superior customer experience,” said [Read more]
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Stockreport

Remitly (NASDAQ:RELY) Misses Q1 Sales Targets, Stock Drops 20.7% [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.24 billion at the midpoint. It made a GAAP loss of $0.11 per share, improving from its loss of $0.16 per share in the same quarter last year. Is now the time to buy Remitly? Find out in our full research report Remitly (RELY) Q1 CY2024 Highlights: Revenue: $269.1 million vs analyst estimates of $273.9 million (1.7% miss) EPS: -$0.11 vs analyst estimates of -$0.15 (25.2% beat) The company reconfirmed its revenue guidance for the full year of $1.24 billion at the midpoint Gross Margin (GAAP): 59.1%, up from 53.9% in the same quarter last year Free Cash Flow was -$61.12 million compared to -$35.06 million in the previous quarter Active Customers: 6.2 million, up 1.6 million year on year Market Capitalization: $3.43 billion “We are pleased with our strong start to the year that reflects our resilient customer base and superior customer experience,” said [Read more]
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