–Generative AI related revenue generation ramping up
Rampup of generative AIrelated revenue on track
2022 State and Local Tax Revenue by State
State-by-State Hotel Revenue, Tax and Job Loss
–Strong 3Q results on accelerating AI revenue
Pent-up demand boosts revenue recovery
Gradual revenue and margin recovery in FY23
Ad revenue growth recovery still takes time
Expect higher contribution from AI revenue in 3Q; Upgrade to Buy
–Consumer wallet share gain strategy boosted revenue and earnings growth