NasdaqGS:PPLIInteractive Media and Services
Why People (PPLI) Is Up 5.1% After Profit Surge, Buyback Completion, And Asset Sale Plan
In the past quarter, People Incorporated reported second‑quarter 2026 sales of US$436.74 million, with net income rising to US$506.85 million and earnings per share more than doubling year on year, alongside guidance for full‑year 2026 operating income of US$15 million to US$80 million.
The company also continued reshaping its portfolio by completing a multi‑year share buyback totaling 18.7% of shares and agreeing to sell a non‑core fund stake for about US$189 million in cash, while...