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Versant Beats Revenue Estimates Driven by Licensing and Digital Growth
Versant reported a first-quarter revenue decline but still managed to beat revenue estimates, primarily driven by strong performance in licensing deals and digital platform growth. The company expects future revenues between $6.15B-$6.4B and free cash flow of $1.0B-$1.2B as it expands its direct-to-consumer and platform offerings.
14 May, 11:00 — 14 May, 14:41
The Story
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Source Diversity
Source Diversity
High (60/100)4 sources30/33
Spectrum spread— 3/5 buckets covered17/33
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cnbc
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Reuters
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Geographic diversity— 3 regions13/34
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Sources
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cnbcMostly Factual1d ago
Versant reports first-quarter revenue decline, with bright spots in platforms and licensing
Versant, the portfolio of TV networks spun out from Comcast, reported earnings from its first quarter as an independent company.
Read full article →seeking-alphaMixed1d ago
Versant expects $6.15B-$6.4B revenue and $1.0B-$1.2B free cash flow as it expands D2C and platforms
Read full article →Coverage Timeline
First report: cnbc · 14 May, 11:00|Full coverage: 4 · 4h|Window: 4h
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