Financial Highlights - Total digital revenues reached $262.7 million, accounting for 47% of total company revenues[14, 18, 20] - Digital advertising revenues experienced year-over-year growth for the second consecutive quarter[10] - Total debt paydown amounted to $18.5 million, bringing total debt under $1 billion[10, 16] - Cash and cash equivalents totaled $75.2 million[14, 16] - The company achieved a First Lien Net Leverage of 2.69x[14, 16] Key Performance Indicators - Average monthly unique visitors reached 187 million in Q3 2025[10, 14, 42, 47, 51] - Digital-only paid subscriptions reached 1.6 million, marking an all-time high[14] - Core platform average customer count stood at 13400[14, 65] - Core platform ARPU was $2828[50, 65] Revenue Performance - Digital Marketing Solutions segment reported core platform revenues of $114 million[65] - Same store revenues decreased by 6.8% compared to Q3 2024[22] Business Outlook - The company expects total digital revenues to be down in the low single digits on a same store basis for full year 2025[37]

Q2 2025 Performance Highlights - The company reached 181 million average monthly unique visitors[9, 13] - Digital advertising growth improved to +4% year-over-year[10, 46] - Total debt paydown of $23.4 million[10, 13, 16] and ~$100 million year-to-date[13, 16] - The company has $88.5 million in cash and cash equivalents[13, 16, 61] Financial Results - Total revenues were $584.9 million[22] - Total digital revenues reached $265.4 million, accounting for 45% of total revenues[13, 18, 23, 49] - Free cash flow was $17.6 million[32, 99] - Total Adjusted EBITDA was $64.2 million[29] with a margin of 11%[30, 97] Digital Marketing Solutions - Core platform revenues for Digital Marketing Solutions were $116.9 million[13, 66, 69] - Core platform ARPU for Digital Marketing Solutions reached $2,830[50, 66, 69] - Core platform average customer count for Digital Marketing Solutions was 13800[13, 66, 69] 2025 Business Outlook - Total digital revenues are expected to grow approximately 3%-5% on a same-store basis in the second half of 2025[38] - The company expects growth in excess of 30% versus the prior year in cash provided by operating activities[38] - Free cash flow is expected to grow in excess of 30% versus the prior year[38]