Ibotta Inc. has released its second quarter 2025 business highlights, showcasing a 27% year-over-year growth in quarterly redeemers on the Ibotta Performance Network. The company announced that its digital offers are now accessible to the majority of DoorDash customers. Additionally, Ibotta has bolstered its Revenue leadership team with the addition of new Senior Vice Presidents in Enterprise Sales, Business Marketing, and Revenue Operations. Subsequent to the quarter-end, Matt Puckett was appointed as the Chief Financial Officer. The company provided its financial guidance for the third quarter of 2025, projecting revenue between $79.0 million and $85.0 million, which represents a year-over-year decrease of 17% at the midpoint. The outlook for Adjusted EBITDA is set between $9.5 million and $13.5 million, with a margin of 14% at the midpoint. These projections exclude stock-based compensation, restructuring charges, and other expenses.
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