Marketing Pullback And User AcquisitionSignificant reduction in performance marketing and paused paid acquisition has led to declines in monthly users and payer trends, constraining the pace of user base rebuilding.
Revenue Guidance And OutlookUnderwhelming revenue guidance and expectations of continued quarterly declines signal near-term top-line deterioration and limited visibility for earnings recovery.
Trust And Safety Impact On User TrendsTrust and safety measures have contributed to meaningful declines in paying users and registrations, directly pressuring subscription revenue unless offsets emerge.