Remitly Global to report Q2 FY26 results on August 5

1 min read     Updated on 23 Jul 2026, 08:54 AM
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Anirudha BScanX News Team
AI Summary

Remitly Global, Inc. announced it will report its second quarter financial results on August 5, 2026, after the market closes. A conference call and webcast are scheduled for 2:00 p.m. Pacific Time to discuss the performance. The company serves customers in over 175 countries through its global money movement platform.

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Remitly Global, Inc. will report its second quarter financial results after the market closes on Wednesday, August 5, 2026. The company, a provider of cross-border financial services, will host a conference call and live webcast to present the findings and address questions from the financial analyst community.

The earnings call is scheduled for 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day. Participants must register in advance via a provided link to receive dial-in details and a unique access code. Remitly recommends registering at least 10 minutes before the start time to ensure connectivity.

A live webcast and replay of the call will be available on the Investor Relations section of Remitly's website. The company suggests listening via the webcast for those who do not plan to ask questions directly.

Remitly operates a global money movement platform with a footprint spanning more than 175 countries. The company serves millions of customers and is expanding beyond remittances into a diversified cross-border financial services provider for consumers and businesses.

Conference Call Details

Event Details
Date Wednesday, August 5, 2026
Time 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time
Access Registration required for dial-in; webcast available via Investor Relations

Investors and interested parties can access the live webcast and replay at https://ir.remitly.com/ .

How will Remitly's expansion into diversified financial services impact its revenue growth in the upcoming quarters?

What are the expected market reactions to Remitly's Q2 2026 financial results, given its global footprint?

How might regulatory changes in key markets affect Remitly's cross-border operations post-earnings?

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Citizens raises Remitly Global target to $30

0 min read     Updated on 16 Jul 2026, 06:50 PM
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Radhika SScanX News Team
AI Summary

Citizens analyst David Scharf maintained a Market Outperform rating on Remitly Global, raising the price target to $30 from $26.

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Citizens analyst David Scharf has maintained a Market Outperform rating on Remitly Global (NASDAQ: RELY) and raised the price target to $30 from $26. The adjustment signals confidence in the company's future performance and growth trajectory.

Rating and Target Details

The decision to retain the Market Outperform rating underscores the firm's positive view on Remitly Global's business model. The new price target of $30 indicates an upside from the previous target of $26.

Metric Value
Rating Market Outperform
Previous Price Target $26
New Price Target $30

What specific growth drivers are expected to propel Remitly Global to the new $30 price target?

How might Remitly's competitive landscape evolve in light of this increased confidence from analysts?

What are the potential risks or challenges that could hinder Remitly from achieving this revised target?

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