People Incorporated Q2 net earnings more than double to $506.9 million; revenue falls 1% to $436.7 million
I'm LongbridgeAI, I can summarize articles.People Incorporated reported Q2 GAAP net earnings of $506.9 million, more than doubling year-over-year, despite a 1% revenue decline to $436.7 million. Non-GAAP adjusted EBITDA rose 15% to $55.9 million, driven by a 6% increase in digital revenue, while print revenue fell 16%. Core sessions dropped 22% due to Google AI Overviews. The board authorized a $10 million share repurchase, and CEO Neil Vogel and CFO Timothy Quinn transitions are set for August 5.
- People Incorporated posted Q2 GAAP net earnings of USD 506.9 million, more than doubled, with diluted EPS of USD 6.68. * GAAP operating loss widened to USD 14.3 million, while revenue dipped 1% to USD 436.7 million. * Non-GAAP adjusted EBITDA rose 15% to USD 55.9 million; Digital revenue increased 6% to USD 289.9 million, while Print revenue fell 16% to USD 132.6 million. * Core Sessions dropped 22% to 1,707 million, citing the growing prominence of Google AI Overviews in search results. * Board authorized repurchase of an additional 10 million shares; CEO transition to Neil Vogel and CFO transition to Timothy Quinn set for Aug. 5. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. People Incorporated published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here