First, travel volumes strengthened in June and July. This trend then reversed in August and September due to concerns related to the Delta variant.

Nov 8, 2021 / CFO / receipt, needs a key / John Rainey, CFO | earnings call 2021-11-08 | transcript 46085e32-204b-4fa0-9e3c-70aa2340469c | chars 12370-12517 | segment 12

As we got into March and, you know, we saw the trends, you They were almost cross-currents where parts of our business around travel and events were going one way while we saw the beginning stages of a sharp acceleration in the growth or the increase in e-commerce going in a positive direction.

May 7, 2020 / CEO / receipt, needs a key / John Rainey, CEO | earnings call 2020-05-07 | transcript 5fdc8282-ff62-40f4-a02e-b9159dfe3789 | chars 32039-32334 | segment 33

The 20% revenue growth, that's against the backdrop, but we have a vertical like travel and events, which is a high single-digit percentage of our overall portfolio that is down 80% to 90% year over year.

May 7, 2020 / CEO / receipt, needs a key / John Rainey, CEO | earnings call 2020-05-07 | transcript 5fdc8282-ff62-40f4-a02e-b9159dfe3789 | chars 32448-32652 | segment 33