System1 reports Q1 adjusted EBITDA $2.7M vs. $12.1M last year

Reports Q1 revenue $37.2M vs. $74.5M last year. The company said, “”This quarter marked an important reset for System1 (SST) as we narrowed our focus to where we see the greatest opportunities to win: the intersection of AI and consumer intent. With our best-in-class marketing platform and category-leading offerings, System1 is uniquely equipped to thrive as AI agents become a primary interface for shopping, search and travel. We are agile, focused, and ready to lead in the AI-driven future.”