Remitly Global, Inc. (RELY) Reports Q4 Loss, Tops Revenue Estimates
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Remitly Global, Inc. (RELY) reported a Q4 loss of $0.03 per share, beating the Zacks Consensus Estimate of a $0.07 loss. This is an improvement from the $0.19 loss per share a year ago.
February 19, 2025 | 11:45 pm
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Remitly Global, Inc. reported a Q4 loss of $0.03 per share, which is better than the expected $0.07 loss and an improvement from last year's $0.19 loss per share.
The better-than-expected earnings report and improvement from the previous year suggest positive investor sentiment, likely leading to a short-term increase in stock price.
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