Canada's Yellow Pages Q2 revenue falls on print and digital declines

Yellow Pages

06/08/2026 12:53

Overview
Canada digital media firm's Q2 revenue fell 8% yr/yr amid declines in print and digital
Company completed C$25 mln share buyback in Q2 as part of previously announced plan

Outlook
Company says revenue pressures and product mix will continue to pressure margins in coming quarters

Result Drivers
DIGITAL CUSTOMER DECLINE - Co said lower digital customer count drove digital revenue decline, partially offset by higher average spend per customer
PRINT CUSTOMER LOSS - Co said print revenue fell due to fewer print customers, though average spend per print customer improved
COST OPTIMIZATIONS - Co said cost of sales and operating cost reductions, including workforce cuts, partially offset margin pressures

Company press release: ID:nCNWVZL51a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
C$47.56 mln
 
Q2 EPS
 
C$0.24
 
Q2 Net Income
 
C$3.30 mln
 
Q2 Adjusted EBITDA
 
C$9.07 mln
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the advertising & marketing peer group is "buy."
Wall Street's median 12-month price target for Yellow Pages Ltd is C$12.00, about 9.6% below its August 5 closing price of C$13.27
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)