Client Decision CyclesClient decision cycles remain elongated, which combined with tougher y/y comps, lower working days, furlough impacts, and lower 3P pass-through revenues, will moderate 2H growth.
Margins And CompetitionMargins were lighter than expected, which isn't helpful amid secular fears on the group with heightened competition.
Operating MarginOperating margin declined 10 basis points year-over-year to 21.0%, below the Street’s 21.2%.