earnings
confidence high
sentiment positive
materiality 0.80
Versigent Q1 revenue up 9% to $2.2B; net income $78M; initiates $0.13 dividend, $250M buyback
Versigent PLC
- Revenue $2,212M (+9% YoY); adjusted revenue +3% excluding FX/commodity pass-through.
- Net income $78M (vs $95M prior); Adjusted EBITDA $203M (9.2% margin vs 9.8% prior).
- Reaffirmed FY2026 guidance: revenue $9.1B-$9.4B, Adj. EBITDA $950M-$1,030M, FCF $200M-$300M.
- Board approved quarterly dividend policy of $0.13/share and $250M share repurchase program.
- Q1 free cash flow -$30M (includes $26M separation costs); capex $66M.