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AI brief of an SEC Form 8-K · Versant Media Group (VSNT)

Versant Q3 revenue falls 4.2% to $1.59 billion; net income drops 41% to $47 million

Negative Impact 3 of 5 earnings

Versant Media Group reported third-quarter 2026 revenue of $1,594 million, down 4.2% from $1,663 million a year earlier, and net income attributable to Versant of $47 million, down from $80 million. Adjusted EBITDA fell 20.9% to $353 million, though the company reaffirmed its full-year revenue and Adjusted EBITDA outlook and expects free cash flow to exceed its prior $1.0 billion to $1.2 billion forecast.

Key points

  • Q3 revenue $1,594 million vs. $1,663 million a year earlier; Platforms revenue rose 9.6% to $245 million, while linear distribution fell 5.8%.
  • Q3 Adjusted EBITDA $353 million vs. $445 million; net income attributable to Versant $47 million vs. $80 million.
  • 2026 outlook reaffirmed: total revenue $6.2 billion to $6.45 billion and Adjusted EBITDA $1.90 billion to $2.05 billion.
  • Board declared a quarterly dividend of $0.375 per share, payable January 25, 2027; a further $100 million accelerated share repurchase is expected to begin November 4, 2026.

The filing

CompanyVersant Media Group (VSNT)
Form8-K, current report
Filed with the SECNov 3, 2026, 8:08 AM ET
Accession number0002067876-26-000050

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.