NasdaqGS:RELYDiversified Financial
Why Remitly Global (RELY) Is Up 18.8% After Q2 Profit and $200 Million Buyback News
Remitly Global, Inc. recently announced strong second quarter 2025 results, highlighted by US$411.85 million in sales and a swing to profitability, alongside raised full-year revenue guidance to between US$1.61 billion and US$1.62 billion and the initiation of a US$200 million share repurchase program.
Moving from a net loss to a net profit and introducing a sizable buyback plan underscores a significant shift in operational momentum and management’s confidence in the company’s future...