Remitly Global (RELY) reported Q2 earnings Wednesday of $0.93 per diluted share, up from $0.03 a year earlier.

Analysts polled by FactSet expected $0.12.

Revenue for the quarter ended June 30 was $495.2 million, up from $411.9 million a year ago. Analysts expected $486.3 million.

The company expects Q3 revenue of $505 million to $507 million. Analysts are looking for $506 million.

For full-year 2026, revenue is projected to be about $1.98 billion to $1.99 billion, compared with the previous guidance of $1.96 billion to about $1.98 billion. Analysts are expecting $1.98 billion.