Stock Track | Remitly Global Soars 6.14% in After-Hours Trading on Q2 Earnings Beat and Raised Outlook

Stock Track

Aug 06

Remitly Global, Inc. (RELY) shares surged 6.14% in after-hours trading on Wednesday, following the release of the company's second-quarter financial results that significantly exceeded analyst expectations.

The company reported earnings of $0.93 per share, crushing the consensus estimate of $0.13 by over 600%. Revenue came in at $495.156 million, ahead of the $485.4 million estimate, and adjusted EBITDA reached $114.7 million, surpassing the $88.3 million forecast. Net income stood at $205.9 million, while operating income was $66.681 million.

Remitly also raised its full-year 2026 outlook, citing record quarterly results, which further fueled the after-hours rally. The strong performance was driven by a 20.23% increase in sales compared to the same period last year.

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(RELY) shares surged 6.14% in after-hours trading on Wednesday, following the release of the company's second-quarter financial results that significantly exceeded analyst expectations.</p><p>The company reported earnings of $0.93 per share, crushing the consensus estimate of $0.13 by over 600%. Revenue came in at $495.156 million, ahead of the $485.4 million estimate, and adjusted EBITDA reached $114.7 million, surpassing the $88.3 million forecast. Net income stood at $205.9 million, while operating income was $66.681 million.</p><p>Remitly also raised its full-year 2026 outlook, citing record quarterly results, which further fueled the after-hours rally. The strong performance was driven by a 20.23% increase in sales compared to the same period last year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RELY","symbol_name":"Remitly Global, Inc.","start_time":0,"source_url":"","article_id":"1177900651","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177900651","pubTimestamp":1785961972,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Remitly Global, Inc. 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