People Incorporated Posts $687.5 Million Q3 Loss, Including MGM Investment Loss
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People Incorporated (NASDAQ: PPLI) posted a $687.5 million loss attributable to shareholders for Q3 2026, including a $1.12 billion unrealized loss on its MGM Resorts International investment. The loss was $9.15 per diluted share, compared with 27 cents a year earlier. The investment loss reversed a $17.5 million unrealized gain in the same quarter of 2025. People Incorporated’s total revenue declined 4% to $430.8 million from $447.1 million. Its consolidated operating loss narrowed to $3 million from $27.2 million. Companywide Adjusted EBITDA was $54.8 million, versus $55.1 million in Q3 2025.
Source: TokenPost
