Groupon, Inc.

Hey, everyone, and welcome to Groupon's second quarter 2022 financial results conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the company's formal remarks, and to ask a question, please press the star key followed by the number one on your touchtone telephone. Once again, that is star one to ask a question. Today's conference call is being recorded.

For opening remarks, I would like to turn the call over to Chief Communications Officer Jennifer Beaselman. Please go ahead.

Hello, and welcome to Groupon's second quarter 2022 financial results conference call. On the call today are CEO Kedar Deshpande and Interim CFO Damian Schmitz. The following discussion and responses to your questions reflect management's views as of today, August 9th, 2022 only, and will include forward-looking statements. Actual results may differ materially from those expressed or implied in our forward-looking statements. Additional information about risks and other factors that could potentially impact our financial results is included in our earnings press release and in our filings with the SEC, including our annual report on Form 10-K. We encourage investors to use our investor relations website at investor.groupon.com as a way of easily finding information about the company. Groupon promptly makes available on this website the reports that the company files or furnishes with the SEC, corporate governance information, and select press releases and social media postings. On the call today, we will also discuss the following non-GAAP financial measures, adjusted EBITDA, adjusted EBITDA margin, free cash flow, and FX neutral results. In our press release and our filings with the SEC, each of which is posted on our investor relations website, you will find additional disclosures regarding the non-GAAP measures, including reconciliations of these measures to the most comparable measures under U.S. GAAP.