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Remitly Global Sees FY24 Revenue 1.225B-$1.25B Vs $1.21B Est.

Author: Benzinga Newsdesk | February 21, 2024 05:08pm

2024 Financial Outlook

For fiscal year 2024, Remitly currently expects:

  • Total revenue in the range of $1,225 million to $1,250 million, representing a growth rate of 30% to 32% year over year.
    • To remain in a GAAP net loss position for 2024 and for Adjusted EBITDA to be in the range of $75 million to $90 million.

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