EarningsBillings and Adj. EBITDA exceeded the high-end of the guide, with North America Local Billings showing double-digit growth for the first time since 2017.
GrowthThe platform's improved supply position is leading to better demand, with a significant increase in the number of brands generating over $1mm in North America billings.
Long-term PotentialRaising the 12-month price target to $19 from $14, reflecting growth prospects and large potential.