secwatch.observer — SEC 8-K summary
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Issuer:     Remitly Global, Inc. (RELY)
CIK:        0001782170
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001782170-24-000186
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 $306.4M (+31% YoY); raises FY 2024 EBITDA outlook
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- Revenue of $306.4M, up 31% YoY; net loss improved 36% to $12.1M from $18.9M.
- Active customers rose 36% to 6.9M; send volume $13.2B, up 38%.
- Adjusted EBITDA $25.1M (+23% YoY), above prior expectations.
- FY 2024 revenue outlook raised to $1.23-1.25B (prior $1.225-1.25B); Adjusted EBITDA guided to $90-100M (prior $85-95M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782170/000178217024000186/0001782170-24-000186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782170/000178217024000186/rely-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001782170-24-000186

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