Versant Media Group, Inc. (VSNT) Form 10-Q — May 14, 2026
Versant Media Group reported Q1 2026 revenue of $1.69 billion, a 1.1% decline year-over-year, driven by continued declines in linear distribution subscribers and advertising ratings. Net income attributable to Versant was $286 million, down 22% from the prior year period, primarily due to higher standalone operating costs and interest expense on $3.0 billion of debt incurred during the January 2026 separation from Comcast. The company generated $585 million in operating cash flow and ended the quarter with $1.19 billion in cash and cash equivalents.
Key figures
- Eps
- 1.99
- Revenue
- 1687000000
- Net Income
- 286000000
- Total Debt
- 2952000000
- Cash Position
- 1193000000
- Adjusted Ebitda
- 704000000
- Dividend Per Share
- 0.375
- Operating Cash Flow
- 585000000
- Shares Repurchased
- 2694125
- Repurchase Program Remaining
- 900000000
Price after filing
Close on the filing date to close N calendar days later (from $44.43). Historical, not a forecast.
AI analysis
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