Remitly Global, Inc. (RELY) Reports Q2 Loss, Tops Revenue Estimates

Remitly Global, Inc. (RELY) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post a loss of $0.14 per share when it actually produced a loss of $0.11, delivering a surprise of 21.43%. Over the last four quarters, the company has surp ...