Remitly (RELY) CEO On Shares Doubling In 2023

Remitly (RELY) is a digital financial services provider that serves immigrants and their families in over 170 countries. Co-founder and CEO Matt Oppenheimer gives an overview of this company as shares have nearly doubled in 2023. RELY's earnings were released August 2nd, postmarket. Its adjusted EPS came in at -$0.11 versus an estimated -$0.17 and revenue came in at $234.03M versus an estimated $216.10M. RELY raised its FY23 revenue guidance to $915M-$925M from $875M-$895M. The company is up 98% year-to-date. Tune in to find out more about the stock market today.