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Turning to outlook. the
to margin of up $XX remainder X%. and Our of reflects of for We million second quarter results guidance up revenue $XX forecast to $XX quarter-to-date EBITDA our the flat loss forecast XX% adjusted the and X%. down to million, million, minus Net X% to of million X% GMV $XX.X period. to minus
as quarter-to-date and of quarter year-over-year and continued product positive more improvements, seasonal Our order GMV growth initiatives guidance reflects self-help AOB softness. moderate and the second counteract seasonality conversion volume some traffic moderating in typical declines our
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net are we However, XXXX. in expecting minimal headcount growth
priorities. we years, have difficult past our decisions made the our structure Over to reengineer cost reevaluate and X
indicate we positive are working. The that is that our strategy trends witnessing
return second consecutive of EBITDA quarter year-over-year our profit represented to of consecutive a gross our meaningful quarter first margin quarter adjusted conversion growth increases, and rate The improvement. third
percentage order growth helped quarter by improved XX midpoint stabilized. at revenue to fourth second conversion growth anticipate of and the we flat active Additionally, the continued in points growth to buyers order return the improvements. from a quarter, Furthermore, guidance, and
the and changed business While and become remains ultimately time, has cash growth, our goals profitable margins, financial free have past over our deliver X grow years, our revenue market not, share. expand flow throughout to much our per sustainable in objective
take on will the we the your the Thank the progress build to throughout move over you to turn questions. quarter's look We to first your as time. operator call for I now year.
