For Q1 FY2026 ended March 31, 2026, Versant Media reported revenue of $1.687 billion, a decrease of 1.1% year-over-year. Net income was $286 million, down 22.1% from the prior year, and diluted EPS fell 22.0% to $1.99. Operating income declined 11.4% to $442 million. The company held $1.193 billion in cash and $2.952 billion in long-term debt, with total equity of $8.034 billion.
•Revenue decreased 1.1% YoY to $1.687 billion.
•Net income fell 22.1% YoY to $286 million.
•Diluted EPS declined 22.0% to $1.99.
•Cash and equivalents totaled $1.193 billion, with long-term debt of $2.952 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Versant Media provides the media and entertainment business in the United States. It produces, licenses, and acquires content that is distributed through various outlets, including networks and digital platforms.
The company delivers news, sports and entertainment content through its portfolio of brands, which includes MS NOW, CNBC, USA Network, Golf Channel, GolfNow, SportsEngine, E!, SYFY, Oxygen True Crime, Fandango, and Free TV Networks.
The company serves political news and opinion, business news and personal finance, golf and athletics participation, and sports and genre entertainment markets through television networks and digital platforms. The company was incorporated in 2025 and is based in New York, New York. Versant Media Group, Inc. was formerly a subsidiary of Comcast Corporation.
Versant Media Group, Inc. is a media and entertainment company operating in the United States. It produces, licenses, and acquires content that is distributed through various outlets, including television networks and digital platforms. The company delivers news, sports, and entertainment content through a portfolio of brands such as MS NOW, CNBC, USA Network, Golf Channel, GolfNow, SportsEngine, E!, SYFY, Oxygen True Crime, Fandango, and Free TV Networks. It serves markets including political news and opinion, business news and personal finance, golf and athletics participation, and sports and genre entertainment.
On which stock exchange is Versant Media Group (VSNT) listed and in what currency?
Versant Media Group, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol VSNT. The company trades in U.S. dollars (USD), which is the official currency of its home country, the United States.
What sector and industry does Versant Media Group (VSNT) belong to?
Versant Media Group, Inc. operates in the Communication Services sector and is classified under the Entertainment industry. This means the company is involved in creating and distributing media content for entertainment purposes, including news, sports, and genre programming, through television networks and digital platforms.
Where is Versant Media Group (VSNT) headquartered and what markets does it serve?
Versant Media Group, Inc. is headquartered in New York, New York, United States. The company primarily serves the U.S. market, delivering content through television networks and digital platforms. Its portfolio of brands targets audiences interested in political news and opinion (e.g., MS NOW), business news and personal finance (e.g., CNBC), golf and athletics participation (e.g., Golf Channel, GolfNow, SportsEngine), and sports and genre entertainment (e.g., USA Network, E!, SYFY, Oxygen True Crime, Fandango, Free TV Networks).
How does Versant Media Group (VSNT) generate revenue?
Versant Media Group generates revenue by producing, licensing, and acquiring content that is distributed through television networks and digital platforms. The company monetizes its content through advertising, subscriptions, and licensing fees. Its portfolio includes well-known brands such as CNBC, USA Network, Golf Channel, and Fandango, which attract audiences and advertisers across news, sports, and entertainment segments. The company also operates digital platforms like GolfNow and SportsEngine, which facilitate participation and commerce in golf and athletics.