secwatch.observer — SEC 8-K summary
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Issuer:     Remitly Global, Inc. (RELY)
CIK:        0001782170
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001782170-23-000142
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Remitly Q2 revenue $234M, up 49% YoY; adjusted EBITDA turns positive at $20.4M
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- Active customers grew to 5.0M, up 47% YoY; send volume $9.6B, up 38%.
- Revenue $234.0M (+49%); net loss narrowed to $18.9M from $38.2M.
- Adjusted EBITDA was $20.4M, improving from -$5.3M in Q2 2022.
- 2023 revenue guidance raised to $915M-$925M; adjusted EBITDA guidance raised to $33M-$40M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782170/000178217023000142/0001782170-23-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782170/000178217023000142/rely-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001782170-23-000142

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer