Remitly Global, Inc. (RELY) Reports Q4 Loss, Tops Revenue Estimates

Remitly Global, Inc. (RELY) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 57.14%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced earnings of $0.01, delivering a surprise of 116.67%.Over the last four quarters, the company has ...