Remitly Global: Q1 Earnings Insights

Remitly Global RELY reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Remitly Global beat estimated earnings by 11.11%, reporting an EPS of $-0.16 versus an estimate of $-0.18.

Revenue was up $67.85 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 22.23% increase in the share price the next day.

Here's a look at Remitly Global's past performance:

To track all earnings releases for Remitly Global visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.