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Remitly Reports First Quarter 2025 Results Above Outlook and Raises Full Year 2025 Outlook

First quarter send volume up 41% and revenue up 34% year over yearFirst quarter net income was 11.4millionandAdjustedEBITDAwas11.4 million and Adjusted EBITDA was 58.4 million SEATTLE, May 07, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, reported results for the first quarter ended March 31, 2025. “We delivered an outstanding start to the year, significantly exceeding our expectations for the first quarter,” said Matt Oppenheimer, co-founder and C ...