Remitly Global Inc (RELY) delivered better-than-expected financial results for the third quarter of fiscal 2025. The company's earnings per share (EPS) reached $0.04, surpassing Wall Street's consensus estimate of $0.02 by $0.02. Revenue matched expectations at $0.4 billion.
The announcement highlights Remitly's operational strength in the financial services sector, where it specializes in digital financial solutions for immigrants and their families. Headquartered in Seattle, Washington, the company has established a robust network of cross-border payment services, facilitating money transfers in over 5,100 corridors globally.
Investors can look forward to the upcoming earnings conference call, scheduled for after market close, where management will discuss these results and provide further insights into the company's performance and future outlook.
As of November 8, 2025, Remitly boasts a market capitalization of $2.66 billion and a trailing P/E ratio of 188.69. The firm is set to announce its next earnings on August 3, 2026, with an EPS estimate of $0.0765 and revenue expectations of $0.5 billion. This update provides insight into Remitly Global Inc's recent operational performance and financial health, suggesting stronger-than-anticipated business fundamentals.
Investors are encouraged to review the complete earnings release and listen to management commentary for additional context on the quarter's performance.