Earnings call transcript: NZME posts H1 2026 profit as revenue returns to growth

NZME, a New Zealand media company, reported a sharp improvement in its first-half 2026 earnings, with operating revenue and other income up 1% year-over-year to NZD 167 million, and operating EBITDA rising 11% to NZD 26.5 million. The company's audio division showed strong performance, with revenue up 8% and EBITDA increasing 19% to NZD 11.9 million.

NZME also reported progress in its publishing business, with total subscriptions rising 6% to 250,000, and digital-only subscribers reaching 176,000, or 70% of the total base. The company's shares were last quoted at $0.95, up 3.26% from the previous close, and remain within a 52-week range of $0.84 to $1.08.

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