thank Thanks for today. and all joining Jamie you
that our marketplace results take reflected to performance on the discontinued I moving context EPS operations. impact discontinued I'm financial you designation, the some GAAP reflect operations. results the provide With QX a of Classifieds going through quarter, The minutes reporting in only reported business the of for business. few to are our our Before to walk for results additional from Classifieds
guidance was excluded if results we four, our can in in QX historical had of last guidance have create This and look we recap a presentation find assumptions. comparison presentation QX reported versus slide in When you our Form October included would will provided published financial XXXX will full the Classifieds the July both our we Xst. year refreshed You been guidance on Classifieds. today. On current X-K an what July, see apples-to-apples at the to statements, help
revenue billion year XX% quickly you Let -- our between FX-neutral and billion. and to adjust range on And I me the to the growing for marketplaces impact XX% XX%, billion XXXX and the share, and Adjusting made was guidance, on walk $X.XX Adjusting share. full basis, GAAP revenue for was on $X.XX adjustment Classifieds between non-GAAP quickly implied for of results. slide current $X.XX five, XX% per the non-GAAP EPS that, and between let Classifieds, range finally, to basis. the guide $X.XX $X.XX for between walk cash free for share, organic billion per to XX% of marketplaces to through XX% me numbers. $X.XX between quarter $X.XX XX% full an guide. $X.XX July margin the Operating and growing QX representing in an $X.X With similar billion $X.XX billion, to implied and we've EPS FX-neutral to to per of our organic growth. year will move a our XX% $X.XX $X.XX flow guide EPS On
cash dividends payments. in free generated of in $XXX million of in delivered repurchases, up to our We in came million on billion, $X.X the an delivered $XXX on QX expectations. strong XX%. EPS were In margin at Non-GAAP quarter. XX.X%, above inclusive executed million Both our of Non-GAAP XX% Turning FX-neutral share basis. investment six. $X.XX, organic our cash highlights QX, up We significantly flow. slide ongoing $XXX of we revenue was managed and
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COVID impact assess our to the Looking volume, business. performance to we better the closer overall at understand of continue of
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XX payments the sale in rate managed to from take points million to from as promoted Korea. second services for middle the headwind the scale. mostly and of a continue growth lapping lower other XXXX delivered expect best of listings continue We $XXX of in and down revenue, further increase first-party to We accelerating marketing QX quarter, friends our from and X%
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slide up growth driven primarily is was in $X.XX, investment share the our Turning versus in in program, the non-GAAP by year. value EPS, up XX% of revenue fair offset $X.XX by we The year. QX, EPS higher growth for XXX% was mostly last payments and quarter of our partially by GAAP managed $XXX The as and an of of the Adyen to non-GAAP brands million for factors in lapping addition warrant of friends. and the an the $X change is the prior end value in increase and warrant million to to Adyen driver EPS $XXX revenue delivered operating repurchase FX. driven EPS year-over-year. billion payments EPS performance, that versus same of XX, on GAAP value transaction Non-GAAP stands is at million This expected QX, increase XXXX. $XXX the of the from the incremental stemming of divestiture at additional our profit initiative, in
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XX% Moving $XXX million to cash of free partially driven flow third generated taxes, $X.X by in quarter, down free through XX% offset Year-to-date our billion was cash up nearly timing of the by flow cash earnings. slide XX, the higher QX we year-on-year.
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remain and our and and credit and times cash committed one EBITDA, have allocation approximately Our not targets a of times mid-term BBB gross a debt plus strategy net approximately three below maintaining balance rating, leverage tenets billion. and of target changed. capital $X.X to We key debt half
committed also remain our to We dividend.
to allows to Moving excited XX, in to as this remain the us online world's transaction. value like while to participate the Classifieds potential deal us on about future an provide the classifieds it update realize pending enabling near-term slide upside We company. largest I'd of
deal the on the and to on of mix subject of by appreciated regulatory billion XX, shares. billion $X.X based over was share deal announced business value on XX% which track in net close to are We a based of over July When The trading QX to the levels. recent we increases the cash $XX the approvals. price on Classifieds has valuation
Finally, of we the potential deal future of we portion approximately the of billion cash any would the provide expect event prevailing currently expect will a tax. at $X that shares rate. statutory net taxable And be sale
XX, guidance. slide to in Turning
our in low were we from clear new government what season drivers the strength an The of environment sometimes on pandemic have proves it's a continue month, outlook. the We dynamics to stimulus shape trying Each what timing be significant QX operate QX recovery, impact in very that and and impact material with a different visibility different to the of have which speed in we've that faced will and could experienced each that programs size among to holiday than on reveals potential in be consumer and guidance. of provide when difficult can QX week external The behavior. faced variables QX. many are the we
low projecting are This we assumes rates FX-neutral revenue double-digit $X.XX QX, For at $X.XX to moderation XX% gradual between growth volume an with organic quarter. the billion through marketplace billion, on XX% and growing basis.
seller to our payments to QX continued contributing midpoint by of revenue points migration. managed the deliver to driven eight expect revenue at guide, approximately We acceleration continue
offset share, count continuing XX% marketing. partially $X.XX $X.XX of EPS by investments EPS growth by XX% per non-GAAP and growth. in expect lower to We Non-GAAP to share representing is technology and volume driven primarily
operations to QX. material After represents continuing non-GAAP in back GAAP adjusting revenue, Classifieds to operations, expecting and versus discontinued in on from our a expectations volume, this are EPS $X.XX We per in range $X.XX QX guide share for July. moved the improvement EPS of
advertising. the year, an to guidance XX%, payments continued improved by FX-neutral our organic outlook of of revenue full and GMV billion For an and to rate growth scaling is XX% driven representing $XX.XX $XX.XX billion, managed
margin We to XX% non-GAAP of expect the rate XX.X% to operating with effective XX%. of range tax XX% the to be in
non-GAAP the to above for EPS to increasing dynamics, $X.XX topline expect $X.X of range outlook we year. cash of our With improved in to to share and billion expect $X QX driven flow fourth of an billion, capex the $X.X the the approximately range repurchases performance by of and over per are the revenue, we outlook on billion $X.XX We for share now free X% quarter. X% in full
in in our payments faster categories, of financial shipping In expanding are per on we execution operations multiple initiatives progress helping growth Finally, we authenticity doing drive demonstrated leadership of focused from simpler tracking out the are strategy. launching this helping pieces our on and increase business, by our team we've our new GAAP delivering the We're solely of with environment made becoming architecture. revenue services, guarantee performance. and program, the Internally, closing, excited with expect pleased managed $X.XX advertising and by business the critical material making of about the buyers and in we're rolling our find quarter. We're which marketplaces share. while continuing the EPS is now to range Externally, progress this refurbish strong macro speed $X across items to both certified all ways. of
and points place two in XXXX growth track compared as remain operating least deliver commitments margin by on with to XXXX. Our we're margin at of
the we we new find margin to will in be as topline journey. And multi-year business. to remain opportunities We underlying we improving on marketplaces balance them going drive on focused will said growth. capitalize growth expansion this health of mentioned, past, the the we've continue is as to and we've a As
and And early, to the I and addressable to on. right the track we're it's focused trillion results would in our conviction Although Operator? win $X.X now, compete us, be furthering Jamie total your answer market tell we're questions. the on happy
