- Adjusted EBITDA was $48.1 million with a margin of 54.8%, exceeding expectations by over 100 basis points.
- Adjusted net income increased 3.2% year-over-year to $28.4 million, with adjusted EPS of $1.46, up 2%.
- Capital allocation included $12 million in common stock repurchases and $6 million in bond repurchases.
- Consensus reported Q2 2025 consolidated revenue of $87.7 million, a 0.3% increase year-over-year, marking the first quarterly revenue growth in 8 quarters.
- Corporate channel revenue grew 6.9% year-over-year to a record $55.3 million, driven by strong health care vertical growth and strategic partnerships.
- Free cash flow rose 29% to $20.3 million, supported by operational performance and lower interest expense.
- SoHo channel revenue declined 9.4% year-over-year to $32.4 million, reflecting a planned reduction and strategic focus on profitability.
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