Loading…
Loading…
SEATTLE, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly” or the “Company”), a trusted provider of financial services that transcend borders, today announced that it will report third quarter financial results after the market closes on Wednesday, November 4, 2026. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below.
Remitly is experiencing robust growth across core and new products, yet current valuation does not reflect its true potential. RELY's revenue rose 20% year-over-year to $495 million, with active customers reaching 10.2 million and Free Cash Flow up 197%. Expansion of the Remitly Card and Pay Later services, alongside strong management execution, supports a premium valuation versus peers.
Remitly Global, Inc. earns a 'Strong Buy' rating as it accelerates revenue growth, profitability, and customer expansion under new CEO leadership. Q2 2026 saw 20% revenue growth to $495 million, 27% send volume growth, and active customers surpassing 10 million, with high-value senders and business users rising sharply. Growth accelerators include the Remitly Global Card launch, first revenue from the receivers product, and robust business user adoption, supporting further diversification.
Remitly Global, Inc. (NASDAQ: RELY - Get Free Report) has received an average rating of "Buy" from the thirteen ratings firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating on the company.
Remitly is growing its revenue per share. Profit margins are expanding quickly.
ACIW, PAY and RELY show strong earnings revisions and short-term price upside potential as digital payments expand.
Remitly Global (NASDAQ: RELY - Get Free Report) and Compass Diversified (NYSE: CODI - Get Free Report) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, institutional ownership, valuation and profitability. Profitability This table compares Remitly Global and Compass
PDEX, APH and RELY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 18th, 2026.