NEW YORK (AP) — NEW YORK (AP) — Versant Media Group Inc. (VSNT) on Thursday reported second-quarter net income of $211 million.
The New York-based company said it had profit of $1.49 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The cable television and digital platform operator posted revenue of $1.64 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $1.62 billion.
Versant expects full-year revenue in the range of $6.2 billion to $6.45 billion.
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