IPH Earnings: Overcoming Prior Challenges With Likely Renewed EPS Growth

IPH reported a 3% rise in first-half fiscal 2026 underlying NPAT (adjusted for amortization of acquired intangible assets and nonunderlying expenses) to AUD 63 million. On a like-for-like basis, EBITDA growth of 3% outpaced revenue growth of 1%, leading to a mild increase in EBITDA margins.