People Incorporated reports $436.7M in Q2 revenue, falling short of expectations amid a year-over-year decline.
People Incorporated posted Q2 revenue of $436.7M, down 25.6% year-over-year and missing estimates by $10.71M. GAAP EPS reached $6.68, though comparability to consensus remains unclear.
The company’s outlook for FY2026 includes adjusted EBITDA of $255M-$290M and operating income of $15M-$80M. Digital revenue and adjusted EBITDA are projected to grow at a mid-to-high single-digit rate.
No immediate market reaction was disclosed in the release.