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Remitly Global Reports Strong Q3 2024 Results

Remitly Global Reports Strong Q3 2024 Results

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Remitly Global ( (RELY) ) has shared an announcement.

Remitly Global, Inc. has reported a strong third quarter for 2024 with a significant increase in active customers and revenue growth of 39% year-over-year. The company has achieved profitability with a GAAP net income and a record Adjusted EBITDA of $46.7 million. With an optimistic outlook, Remitly has raised its full-year 2024 revenue expectations, showcasing promising growth opportunities for the future, while continuing to transform the financial services sector across borders.

See more data about RELY stock on TipRanks’ Stock Analysis page.

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