secwatch.observer — SEC 8-K summary
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Issuer:     Remitly Global, Inc. (RELY)
CIK:        0001782170
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001782170-24-000222
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Remitly Q3 revenue up 39% to $336.5M, net income $1.9M; raises FY 2024 guidance
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- Active customers 7.3M (+35% YoY); send volume $14.5B (+42% YoY).
- Revenue $336.5M (+39% YoY); GAAP net income $1.9M vs loss of $35.7M a year ago.
- Adjusted EBITDA $46.7M, up 345% YoY from $10.5M.
- Raises FY2024 revenue guidance to $1.250B-$1.254B from prior $1.230B-$1.250B.
- FY2024 Adjusted EBITDA guidance raised to $108M-$112M; Q4 rev guidance $338M-$342M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782170/000178217024000222/0001782170-24-000222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782170/000178217024000222/rely-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001782170-24-000222

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