earnings
confidence high
sentiment neutral
materiality 0.70
Versant Media Q1 revenue $1.69B, net income $286M, declares $0.375 dividend, $100M ASR
Versant Media Group, Inc.
- Revenue $1.69B (-1.1% YoY); net income $286M (-22.1%); Adj. EBITDA $704M (-7.0%).
- Platforms revenue $192M (+9.5% YoY); content licensing $121M (+113.5%).
- Repurchased $100M shares; declared second quarterly cash dividend $0.375/share.
- Announced $100M accelerated share repurchase (ASR) transaction.
- Q1 first as independent company; strong viewership at CNBC, MS NOW, Golf Channel.