Versant Media, which is a spin-off from Comcast, reports lower revenue and earnings in the third quarter compared with the same period a year earlier.
Revenue fell 4.1 percent to USD 1,594 million (1,663), versus an expected USD 1,590 million according to LSEG.
Earnings per share amounted to USD 0.34 (0.56).
Versant Media reiterates its full-year 2026 forecasts for revenue of USD 6.2–6.45 billion and adjusted EBITDA of USD 1.90–2.05 billion. Free cash flow is now expected to exceed the previous forecast range of USD 1.0–1.2 billion.
Versant owns, among others, CNBC, MS Now and Golf Channel.
Versant Media, USD millionQ3-2026ConsensusChange versus consensusQ3-2025ChangeNet sales1,5941,5900.3%1,663-4.1%Earnings per share, USD0.340.56-39.3%Consensus data from LSEG
