Profitability and Capital Returns“Our business is performing incredibly well,” Chief Executive Officer Chris Rogers said on the company’s earnings call. Advertising Growth and Third-Party IntegrationsAdvertising and other revenue outpaced GTV growth for the quarter, with Reuter citing broad-based contributions from large, mid-market and emerging brands. Third-Quarter OutlookFor the third quarter, Instacart forecast GTV of $10.3 billion to $10.55 billion, representing 14% year-over-year growth at the $10.425 billion midpoint. It projected adjusted EBITDA of $320 million to $340 million, or 19% growth at the $330 million midpoint. By integrating its technology with retailers’ existing inventory and point-of-sale systems, Maplebear streamlines the shopping experience and provides real-time availability and pricing.