Versant Media Q2 Revenue Misses, But Raises Full-Year Outlook and Boosts Buyback
VSNT sits 38% above its 52-week low of $27.17.
Summary
Versant Media missed Q2 revenue estimates but raised full-year guidance, completed a $100M buyback, and announced another $100M ASR, underscoring management's confidence in the business.
Key Events · Earnings and Guidance · VSNT
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Q2 Revenue Miss, Profit Beat
Revenue of $1.64 billion fell 3.8% YoY and missed estimates, but Adjusted EBITDA of $624 million exceeded expectations, driven by cost discipline.
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Full-Year Guidance Raised
Versant raised its 2026 outlook to revenue of $6.2B-$6.45B and Adjusted EBITDA of $1.9B-$2.05B, while maintaining Free Cash Flow guidance of $1.0B-$1.2B.
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$100M Buyback Completed, Another $100M Planned
The company completed a $100 million ASR, repurchasing 2.37 million shares, and announced an additional $100 million ASR to begin in Q3 2026.
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Quarterly Dividend Declared
Board declared a third quarterly cash dividend of $0.375 per share, payable October 22, 2026 to shareholders of record October 1, 2026.
Analysis · VSNT · Technology
Versant Media reported Q2 revenue of $1.64 billion, down 3.8% year-over-year and below the $1.69 billion consensus, but raised its full-year revenue and EBITDA guidance, signaling confidence in the back half. Adjusted EBITDA of $624 million beat expectations, and the company completed a $100 million accelerated share repurchase while announcing another $100 million ASR, reinforcing its commitment to shareholder returns. The quarter also saw strategic moves including the Full Swing acquisition and Bundesliga rights deal, positioning Versant for long-term growth despite linear subscriber headwinds.
How filings like this one have moved
In the 30 days to Oct 17, 2026, 36.8% of the 985 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.66%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, VSNT was trading at $37.52 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.1B. The 52-week trading range was $27.17 to $59.00. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.