Remitly Global, Inc. (NASDAQ:RELY) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET

Company Participants

Stephen Shulstein - Vice President of Investor Relations

Matt Oppenheimer - Co-Founder and Chief Executive Officer

Hemanth Munipalli - Chief Financial Officer

Conference Call Participants

Andrew Schmidt - Citi

Tien-Tsin Huang - JPMorgan

Robert Napoli - William Blair

Ramsey El-Assal - Barclays

Will Nance - Goldman Sachs

Zachary Gunn - FT Partners

Daniel Krebs - Wolfe Research

Operator

Good day, and thank you for standing by. Welcome to the Remitly Q2 2023 Earnings Call. At this time, all participants are in a listen-only mode. After the Speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your host today, Stephen Shulstein, Vice President of Investor Relations. Please go ahead.

Stephen Shulstein

Thank you. Good afternoon and thank you for joining us for Remitly's Second Quarter 2023 Earnings Call. Joining me on the call today are Matt Oppenheimer, Co-Founder and Chief Executive Officer of Remitly; and Hemanth Munipalli, our Chief Financial Officer. Our results and additional management commentary are available in our earnings release and presentation slides, which can be found at ir.remitly.com. Please note that this call will be simultaneously webcast on the Investor Relations website.

Before we start, I would like to remind you that we will be making forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding Remitly's future financial results and management's expectations and plans. These statements are neither promises, nor guarantees and involve risks and uncertainties that may cause actual results to vary materially from those presented here. You should not place undue reliance on any forward-looking statements. Please refer to our earnings release and SEC filings for more information regarding the risk factors that may affect our results.

Any forward-looking statements made in this conference call, including responses to your questions, are based on current expectations, as of today and Remitly assumes no obligation to update or revise them, whether as a result of new developments or otherwise, except as required by law.

The following presentation contains non-GAAP financial measures. For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP metrics, please see our earnings release and the appendix to our earnings presentation, which are available on the IR section of our website.