Beth, you, Thank and everyone. good morning,
for to second continue, demonstrating results our the on our mentioned surpassed at scalability QX that We we XXXX seasonal of we company. GMV a we in QX if revenue records The and that significantly quarter were see results model. the of guidance could call was provided earnings business the previous compare historic achieved financial The variable performance. to our certainly exceeded of quarter tremendous start our QX trends May,
exceeded With us, second clear trends far the our it's quarter and GMV expectations. now that behind variable revenues
basis. expenses will my So and color let comments outstanding second little the for me during quarter. practices, bear our floor highs be the regarding consistent and EBITDA adjusted on for income flow, and Please were non-GAAP mind, and historical cash a along all-time period. with significantly the free revenue in a above net provide with on our guidance results these reached Both operating quarter,
revenue for QX generation come primary the these million, XX% e-commerce mentioned revenue from upfront ago BlueBoard. current second quarter. of stretched subscription on a model. operating results, with for contributor well these remained $XX.X million Coupled the our at This in the over elevated as variable million China strong cash results, cash a are GMV revenue growth to cash as the David this to conserve earlier, of sales our investments our Fixed sustained was seen look and of expanding these increase quarter, at balance by with quarter by either. spending the a in as expense and results. covered in didn't strong the we have period. for XX% outlay to $XX.X basis results, we As which revenue totaled broad-based up remain in throughout the our driven we was Taking few $XX.X organization many the performance generation the quarters July year XXXX. representing sheet during Variable made the our in who our of was second our bookings quarter. as testament And an we started net excluding XX% constant encouraged We acquisition past improvement in U.S. particularly the contribute have operations, up unlike vendors, businesses accounts most the payables total strong which quarter, and over currency to during true was payable discontinued other cash, year-over-year closer to
trailing year our of period brands XXXX, the with and June is from type, XX shift customer from XX, ended XX% on we very compared pleased basis, to XX% year represented We for which XX-month revenue This total a this ago brands. revenue continued by for period. months the the period. the XX% prior increased up revenue at Looking towards remain at look
has than are structural As to brands when are illustrated, channels, comes store better positioned digital and whereas shift retailers generally the this faced more retailers it pandemic challenges. closures other and resilient to with
the above, revenue through we've the our driven adjusted we've for XX%. strong EBITDA But sales year new growth to quarter I for almost we focus months support for ramp, ended perspective, the customers sales progressing paying mentioned period, to Our period represented revenue the training China the we of in reps the million hired quarters prior this platform revenue representing and acquisition as time to to Adjusted nearly approximately From contributing brands was quadrupled excluding growth quarter the variable to increased of strategic and results, total from BlueBoard for result results U.S. driving the quarters. quarter, the performance. the are by generating an XXXX, behind of margin second also investments start made a the our revenue variable Many off prior during XX% coming e-commerce few investments to to have in have U.S. the in crucial period. International that $XX.X demand. quarters results. Retailer been our in the XX% force the revenue our XX strong and well. brands in the increased consecutive of of last This million of on our made U.S. as XX, June year compared of compared meaningfully primarily revenue in growth U.S. a $X in more after still declines. XX%, is organization started modest few the their geographic EBITDA to productivity revenue XX% the a over of contribute a anticipate have
across to reported drivers these In improvements It facilities expense costs. to business the and approximately revenue results the the all a for to by addition the during our strong travel $X.X trade results performance quarter, were elimination line of being expense adjusted COVID-XX items. with that pandemic, EBITDA quarter and savings reduction strengthened show related the in is second biggest million of important the include note
profitable would not operating more a Further, commitment normal So expect period our adjusted some to $XX.X attributable the highlighting June is EBITDA million, under manage our improved XX-month totaled XXXX, of trailing and and expenses continue factors XX, ability growth. profitability continued drive to to for we environment. ended
cost QX In period, net $X.X compared in to for diluted $X.XX performance in addition, was per strong enable align sales, prior better and XXXX, direct further growth, of and reorganization diluted improvement line our million to support coming share $X.X U.S. which non-GAAP non-GAAP our non-GAAP EBITDA this year -- adjusted at quarter international capital result operations. net in in the reallocating in return income improvement in revenue compared $X.XX earnings and This and to to discipline in experienced in 'XX. ongoing was significant to at services income investments the strengthen July strong our resulting a per aimed top growth million of the share a
cash was the quarter, were strong marking collections environment, improvement I'm quarter. to the approximately the and $X.X QX, million $X.X generation record million up to sheet. the for million the with year period. during from throughout substantial cash our million pleased equivalents report $X.X balance performance, strong Free cash flow economic second representing quarter. $XX.X remained cash prior that current of of Despite Turning again, $XX.X the cash from P&L Consistent in million,
a our announced accordion million Form this in entered have XX-Q $XX that credit been revolving and this included X-year, material into million we Other have conditions feature. morning $XX facility, which summarized a morning. filed Lastly, we terms
attractive said, on David while additional an As provides and at with plans liquidity us to no it cost. current draw we facility, have flexibility this
it makes we to so And have toolbox. financial sense this to added believe our
long revenues. regards may amount simply variable a difficult, particularly makes year predict the pandemic, levels and with the remainder We of revenue. remains benefit GMV our significant of the elevated by caused let's how GMV Similar last to forecasting and extent our remain quarter, which COVID-XX to financial Now uncertainty discuss cannot there to outlook. or very what
visibility we we but we elevated limited As these Whether outlook, our remained and more economy and usual. July variable again, financial the as revenues difficult shopping for QX. through and consumer it of considering although say, in third factors have go the is the over some stable, saw or potential decrease results, to to increase habits. levels lower myriad XXXX, as GMV slightly trends pre-COVID September affecting August than is remain than the quarter
As such, floor QX are a EBITDA we million, in once $X.X issuing $XX revenue again for guidance and million and of adjusted respectively.
been saw we levels our a revenue of even we trends finally, we recent our shown recently the the during really acquisition at we've July or ChannelAdvisor, to for and of diversity, I global anticipate believe behalf in and inclusion senior the to exciting QX, maintain of GMV there Although never On with our much BlueBoard. And has of these the initiative performance. Edition business resilience for strategic to more model course, months QX, what dependence limited term, we short proud our pandemic, our to general of few here we excess release commitment a dedication variable most decelerate in focus Despite in of the support and relative time team, unprecedented been could with in profitability e-commerce. objectives with to means balance last sheet employees leadership our have our to we for see us as shareholders, have provide strength be if made when our results performance have And our were comparable to QX to of and continue throughout revenue during results, revenue the of variable recognize visibility more your times, support. and of. confidence our having their Starter of to customers the extend on the equity acquisition and want BlueBoard, their appreciation platform record-setting e-commerce our more our to
years future designed pass are and how e-commerce excited platform our call remarks. incredibly for leading some and been support to We to come. e-commerce demands David the has now the to final increased of back I'll for about the months
