Deadline

Versant In Transition As It Diversifies Business With Strategy Taking Shape In Q2, Stock Pops

Versant In Transition As It Diversifies Business With Strategy Taking Shape In Q2, Stock PopsWorldPing

Versant saw revenue and profit dip as it retools its assets base in a transitional June quarter that included the divestiture of SportsEngine and the acquisition of interactive sports business Full Swing to bolster its Golf offerings.

This is a short WorldPing brief. The full report was published by Deadline.

Read the full report at Deadline

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Deadline

Versant Posts Mixed Q2 Results As Advertising Trends Show Improvement

Versant delivered mixed results in its second quarter after spinning off from Comcast, with revenue and earnings per share both declining from the year-ago period. Total revenue slipped 4% to $1.64 billion, while EPS dipped to $1.49 from $2.09.

Brief by WorldPing · Original reporting by Deadline