NasdaqGS:PPLIInteractive Media and Services
People (PPL) Stock Jumps As Margin Gains Recast The Story
The market finally snapped awake on People. After drifting for a month, the stock jumped about 10% to US$46.43 as investors absorbed a quarter that looked far cleaner and more profitable than anything in the recent past.
The headline is simple. People reported basic earnings per share of US$6.87 on Q2 revenue of US$436.7m, supported by digital EBITDA growth and wider margins at the core media business. For a company long treated as a sum of parts story, this quarter put the operating engine...