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People Incorporated Common Stock Q2 Earnings Call Highlights
['Stacy Sanders']
Daily Political
Get alerts:The company said digital revenue at its People Inc. operating business rose 6% year over year, marking its 11th consecutive quarter of digital growth.
Digital adjusted EBITDA increased 18%, while the digital EBITDA margin expanded to 26% from 23% a year earlier.
Print revenue declined 18% amid continued pressure on print advertising, although the company expects full-year print EBITDA to offset People Inc. corporate overhead.
The company reaffirmed its expectation for mid- to high-single-digit digital revenue growth for the full year.
About People Incorporated Common Stock (NASDAQ:PPLI)IAC (NASDAQ: IAC) is a publicly traded holding company headquartered in New York City that builds and invests in consumer-focused internet businesses.