The company said, “Based on current trends and expectations, we believe full-year revenue will be in the low end of the range previously provided and are maintaining our guidance for an adjusted EBITDA margin between 12% and 15%. We believe this guidance reflects a balanced view of our growth opportunities and the impact that the current macroeconomic environment is having on ad spend, with revenue expected to be roughly flat in the second quarter. We continue to monitor various industry factors and economic conditions and will align our expectations and strategy as necessary.”
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