Remitly Global Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/06 15:55- Remitly’s November 4, 2026, third-quarter earnings call featured CEO Sebastian Gunningham, CFO Vikas Mehta and investor relations head David Beckel.
- Quarterly revenue rose 22% to $510 million; adjusted EBITDA reached $121 million, exceeding the guidance midpoint by $28 million.
- Fourth-quarter revenue is forecast at $531 million-$533 million, with adjusted EBITDA of $104 million-$106 million.
- Management expects 2027 revenue growth near the lower end of the high teens, with adjusted EBITDA margins broadly unchanged from roughly 22%.
- The share repurchase authorization increased to $500 million from $200 million; the revolving credit facility expanded to $1 billion from $550 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
Quantumrail Cancels 10 Billion Won Convertible Bond Offering
Crypto prices
More
