Sonia Jain

“Second quarter financial performance highlighted strong execution of our marketplace-first strategy and improved operating leverage across our business. Revenue of $179.9 million was up 1% year-over-year and within our guidance range.”

“The first quarter was another positive step in improving our growth trajectory and profitability. Revenue was in line with expectations, while adjusted EBITDA beat our guidance range by over a full point.”

“It's been great collaborating with you over the past several weeks, and I'm excited about the fresh perspective you're bringing to the business. I will now recap 2025 and provide guidance before turning it back to Toby to expand on our 2026 priorities.”

“Second quarter revenue was steady year-over-year with underlying operational discipline producing adjusted EBITDA and adjusted EBITDA margin at the high end of expectations.”

“While first-quarter revenue was down slightly year over year, we are pleased that we made progress on multiple growth drivers. We outperformed adjusted EBITDA margin expectations and supported strong capital return initiatives during the first quarter.”