These three stocks have dropped over 30% from their 52-week highs. At the same time, analysts expect strong revenue and earnings growth for them soon.

Why Remitly Global Stock Popped Today

12:38pm, Thursday, 31'st Oct 2024
Shares of the fintech company popped on a strong earnings report.
Remitly Global, Inc. (NASDAQ:RELY ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Stephen Shulstein - Vice President, Investor Relations Matt Oppenheimer - Co-Found
Remitly Global, Inc. (RELY) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to loss of $0.20 per share a year ago.
Shares of Remitly surged in after-hours trading as the Seattle-based digital remittance company reported its first profitable quarter.
Active customers up 35% year over year Revenue up 39% year over year Achieved GAAP net income profitability and record Adjusted EBITDA SEATTLE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (
Remitly (RELY) stock has underperformed the market this year, falling by over 22% even as the Nasdaq 100 and S&P 500 indices have soared by 20%+ and moved to their all-time highs.  It remains 47% bel
Durable revenue growth is a key to finding winning stocks. Rocket Lab is growing like gangbusters in the burgeoning space economy.
SEATTLE, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its manag
The average of price targets set by Wall Street analysts indicates a potential upside of 54.4% in Remitly Global (RELY). While the effectiveness of this highly sought-after metric is questionable, the
The consensus price target hints at a 74.4% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings es
Remitly Global, Inc. (NASDAQ:RELY ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Stephen Shulstein – Vice President, Investor Relations Matt Oppenheimer – Co-Foun
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.

Remitly Announces CFO Transition Plan

06:00pm, Wednesday, 31'st Jul 2024
SEATTLE, July 31, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of seasoned fin

Remitly Reports Second Quarter 2024 Results

04:05pm, Wednesday, 31'st Jul 2024
Active customers up 36% year over year Revenue up 31% year over year Net loss improved 36% year over year; Adjusted EBITDA up 23% year over year
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE