He. good and morning, Thank evening, everyone. you, Mr. Good
we start of our in please terms. are Before financials stated, present otherwise dollar U.S. today unless the financials, all note that a we discussion detailed
performance our Now for let the share financial quarter. me
$XX million, to due headwinds first intensive revenues primarily and year-over-year competition. decreased quarter, by the total In to the XX% our macro
our expenses operating due $XX million to of The decrease year. period by decreased total Our decrease the was in XX% million same from to $XX last of year-over-year mainly revenues.
million. Specifically, million. by G&A to decreased $X.X fulfillment year-over-year decreased by marketing expenses XX% decreased year-over-year expenses XX% to and year-over-year $X.X Selling by million. XX% expenses $XX to
of the expenses, same the $X.X the quarter million of R&D As last compared in G&A first were part of quarter year. million $X.X in XXXX with expenses
and customer service. execute to Going optimized operational forward, we our will brand strategy, enhance our while technologies our leveraging proprietary efficiency
in with from loss was the compared quarter Adjusted $X.X a a XXXX. loss of $X.X to $X.X EBITDA Net Turning million $X to of in million our million XXXX. first of million same the loss narrowed line. of bottom quarter
Mr. As profitability mentioned, our enhancing year. be this will priorities strategic He
April to through share of our dedicated to also Since million approximately repurchase program. the shareholders returning aggregate a are $X.X company our XXXX, ADS million. had XX, value with We total value repurchased X.X
guidance. to Moving the
second and total business available For XXXX, quarter and we be on based information $XX million. to of revenue $XX the currently expect between million seasonality,
prepared to This We'll concludes our remarks. some questions Operator, happy please be now. take continue.
