Versant Media Q4 Earnings, Revenue Decline

MT Newswires Live

05/14

Versant Media (VSNT) reported Q4 earnings Thursday of $1.99 per diluted share, down from $2.55 a year earlier.

Four analysts polled by FactSet expected $1.70.

Revenue for the quarter ended March 31 was $1.69 billion, down from $1.71 billion a year earlier.

Analysts surveyed by FactSet expected $1.62 billion.

Shares of the company were up more than 15% in recent Thursday premarket activity.

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