Welcome to our dedicated page for Remitly Global news (Ticker: RELY), a resource for investors and traders seeking the latest updates and insights on Remitly Global stock.
Remitly Global, Inc. (NASDAQ: RELY) is a provider of digital financial services focused on cross-border money movement, and its news flow reflects both financial performance and product development. The company regularly issues earnings releases in which it reports metrics such as send volume, active customers, revenue, net income, and Adjusted EBITDA. These releases often include updated financial outlooks for the fiscal year and upcoming quarters, along with explanations of how non-GAAP measures like Adjusted EBITDA and non-GAAP operating expenses are calculated and used by management.
Investors following RELY news will see recurring updates on Remitly’s progress in its core remittance business and its broader vision for building a global financial services company. The company uses news announcements to highlight themes such as durable or sustainable growth, GAAP profitability in certain periods, and its approach to balancing revenue growth with profitability over the medium term. It also communicates capital allocation decisions, including the authorization of a share repurchase program and the establishment of a secured revolving credit facility intended to support prefunding of customer flows and general corporate purposes.
Remitly’s news stream also covers product innovation and strategic initiatives. For example, the company has announced Remitly One, an all-in-one financial membership that includes offerings such as Remitly Flex, Remitly Wallet, Remitly Card, and cash back rewards, reflecting its evolution from a remittance provider to a broader financial partner. Other news items describe investor events, webinars, and product-focused presentations, including sessions on topics such as stablecoins and the outlook for cross-border payments.
By monitoring the RELY news page, readers can review historical press releases on quarterly results, Investor Day presentations, product launches, and corporate finance developments, all based on Remitly’s own public disclosures.
Remitly (NASDAQ: RELY) reported outstanding Q2 2025 results, achieving significant growth and profitability milestones. The digital financial services provider saw send volume surge 40% to $18.5 billion and revenue increase 34% to $411.9 million year-over-year. The company posted its first GAAP net income of $6.5 million, compared to a $12.1 million loss in Q2 2024.
Active customers grew 24% to 8.5 million, while Adjusted EBITDA jumped 144% to $64.0 million. Following these strong results, Remitly raised its full-year 2025 outlook, projecting revenue of $1.61-1.62 billion and Adjusted EBITDA of $225-230 million. Additionally, the Board authorized a $200 million share repurchase program to return capital to shareholders and offset dilution from employee equity compensation.
Remitly (NASDAQ: RELY), a digital financial services provider, has scheduled its second quarter 2025 financial results announcement for August 6, 2025, after market close.
The company will host a conference call and webcast at 2:00 PM PT / 5:00 PM ET the same day, where management will present financial results and answer questions from analysts. Participants can access the call through registration, with the company recommending registration at least 10 minutes before the start time. A live webcast and replay will be available on Remitly's investor relations website.
Remitly Global (NASDAQ: RELY), a digital financial services provider specializing in cross-border transactions, has announced its upcoming participation in two major investor conferences. The company's management team will present at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on May 14, 2025, at 2:20 p.m. ET, and at the Barclays 15th Annual Emerging Payments and FinTech Forum on May 20, 2025, at 10:20 a.m. ET.
Both presentations will be available through live webcasts on Remitly's investor relations website, with replay options available after the events.
Remitly Global (NASDAQ: RELY), a digital financial services provider, has announced it will release its first quarter 2025 financial results after market close on Wednesday, May 7, 2025.
The company will host a conference call and live webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day, where management will present financial results and answer questions from financial analysts. Interested parties can register for the call through the Remitly 1Q 2025 Earnings Call link, with registration recommended at least 10 minutes before the start. A live webcast and replay will be available through the company's Investor Relations website at ir.remitly.com.
Remitly Global (NASDAQ: RELY), a digital financial services provider, has announced its upcoming participation in two major investor conferences in March 2025. The company will present at:
- The Citizens JMP Technology Conference on Tuesday, March 4, 2025, at 11:30 a.m. ET / 8:30 a.m. PT
- The Wolfe FinTech Forum on Tuesday, March 11, 2025, at 9:20 a.m. ET / 6:20 a.m. PT
Both presentations will be available through live webcasts on Remitly's investor relations website at https://ir.remitly.com/. Recordings will be accessible for replay after the events through the same platform.
Remitly (NASDAQ: RELY) reported strong Q4 and full-year 2024 results, exceeding expectations. Q4 highlights include a 32% increase in active customers to 7.8 million, 39% growth in send volume to $15.4 billion, and 33% revenue growth to $351.9 million. The company reduced its net loss to $5.7 million from $35.0 million, while Adjusted EBITDA surged 434% to $43.7 million.
For full-year 2024, send volume grew 38% to $54.6 billion, revenue increased 34% to $1,264.0 million, and net loss improved to $37.0 million from $117.8 million. Adjusted EBITDA rose 203% to $134.8 million.
Looking ahead to 2025, Remitly expects revenue between $1.565-1.580 billion (24-25% growth), positive GAAP net income, and Adjusted EBITDA of $180-200 million. Q1 2025 guidance projects revenue of $345-348 million with Adjusted EBITDA of $36-40 million.
Remitly Global (NASDAQ: RELY), a digital financial services provider, has announced its upcoming fourth quarter and full year 2024 financial results release, scheduled for February 19, 2025, after market close. The company will host a conference call and live webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.
Management will present financial results and address questions from financial analysts during the call. Interested participants can register for the conference call through the provided link, with registration recommended at least 10 minutes before the start time. A live webcast and replay will be available through the company's Investor Relations website at ir.remitly.com.
Remitly Global (NASDAQ: RELY) has announced its participation in the 2024 Wells Fargo TMT Summit. The company's management team will present on Tuesday, December 3, 2024, at 1:30pm Pacific Time / 4:30pm Eastern Time. The presentation will be accessible via live webcast on Remitly's investor relations website, with a replay available afterward.
Remitly operates as a digital financial services provider specializing in cross-border payments, serving over 170 countries through its digitally native app. The company focuses on delivering fast, reliable, and transparent money movement services, while working to expand its product suite to further its global impact.
Remitly Global (NASDAQ: RELY) reported strong Q3 2024 results with significant growth across key metrics. Revenue increased 39% year-over-year to $336.5 million, while active customers grew 35% to 7.3 million. The company achieved GAAP net income of $1.9 million, compared to a net loss of $35.7 million in Q3 2023. Send volume rose 42% to $14.5 billion, and Adjusted EBITDA surged 345% to $46.7 million.
Following these results, Remitly raised its full-year 2024 outlook, projecting revenue between $1.250-1.254 billion (32-33% growth) and Adjusted EBITDA of $108-112 million, though expecting to remain in a GAAP net loss position for the full year.