1stdibs.com(DIBS) - 2023 Q2 - Earnings Call Transcript

Thanks, Kevin. Good morning, and thank you for joining us today. We delivered second quarter GMV and revenue at the midpoint of guidance and EBITDA margins above the high end. Excluding onetime restructuring Approximately two thirds of these savings are headcount related, while the remaining one third are nonheadcount related, including aggressively renegotiating vendor contracts and reducing certain marketing activities. We expect the majority of these headcount-related savings in technology development an ...