- Revenue declined to $1.58B with a net loss of $320.1M, burdened by a $286.7M goodwill impairment.
- Adjusted EBITDA dropped significantly to $36.0M, impacted by $12.7M in chargeback adjustments.
- Management accelerated its efficiency program to target over $150M in annualized cost savings.
?? Negative AI Sentiment (-6.5 / 10)