Consensus $545.1M. The company guides Q4: “Acquisitions: Expected to increase at least 35% from Q3 2025 as product launches and pricing engine changes take hold. Revenue: Expected to increase from the outlook we provided at Q2 2025 earnings, but decrease approximately 35% quarter-over-quarter due to low inventory levels from Q3 2025 reduced acquisition volumes. Contribution Margin: Near-term pressure as we clear old inventory; We believe we bottomed out in October and margins will improve for the remainder of the year, but Q4 2025 contribution margin will be below Q3 2025. Adjusted EBITDA: Q4 2025 loss expected in the high $40 millions to mid $50 millions.”
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