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Versant Media Group (VSNT) guidance and outlook
Versant Media Group (VSNT) reaffirmed its guidance on Nov 3, 2026: Revenue $6.2B–$6.5B for FY2026; EBITDA $1.9B–$2.0B for FY2026. Versant Media Group's 10-Q filed Nov 3, 2026 makes 16 forward-looking statements, 4 of them new and 7 no longer said since the filing before.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | $6.2B–$6.5B | reaffirmed |
| EBITDA | FY2026 | $1.9B–$2.0B | reaffirmed |
From the earnings release filed Nov 3, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 3, 2026
- We have incurred and will continue to incur incremental costs related to operating as a public company, including external reporting, internal audit, treasury, investor relations, board of directors, and stock administration, and expanding the services of existing functions such as information technology, finance, supply chain, human resources, legal, tax, facilities and insurance.
- The amount of revenue we earn from multichannel video programming distributors (“MVPDs”) for the distribution of our networks has declined in recent years, primarily reflecting ongoing declines in MVPD subscriber levels due to evolving consumer preferences for consuming video content, and is expected to continue to decline in the future.
- As a result of these trends, we expect that our future success will depend on, among other things, our ability to compete with alternative content distribution platforms, our success in reaching new audiences by extending our content offerings through new distribution outlets, and our continued ability to distribute our networks on MVPDs on favorable terms.
- new · We derive significant revenue from selling advertising on our networks, and have experienced in recent years, and expect to continue to experience, declines in advertising revenue caused by changes in advertiser priorities primarily due to increased competition for the leisure time of viewers and increased audience fragmentation primarily from greater use of streaming and digital platforms (all of which we expect…
- Our revenue from our digital platforms has grown in recent years, and we expect that it will continue to grow as we invest in this growing portion of our business.
- The market for programming has been, and we expect will continue to be, very competitive.
- We expect to continue to devote significant resources to acquire sports programming in the future, and our ability to continue to provide compelling content will be vital to our success.
- We expect to experience continued declines in the number of subscribers and linear distribution revenue, as further discussed in “Key Factors Affecting Our Business.”
- However, there can be no assurances that we will be able to obtain debt or equity financing on acceptable terms in the future.
- We expect to utilize our cash flows to continue to invest across our business, whether through organic or inorganic growth strategies, as well as to repay our indebtedness over time and return value to our shareholders through dividends and repurchases of our common stock.
- new · In November 2026, we announced that we expect to enter into a $100 million ASR agreement commencing on
- new · We anticipate completing the transaction during the fourth quarter of 2026.
Versant Media Group's latest quarter
Versant Media Group, Q3 2026: revenue $1.6B (-4% year over year), operating margin 6.9%, net earnings $47.0M, operating cash flow $346M. The chart follows the revenue to costs, profit and cash.
Questions
Did Versant Media Group raise or lower its guidance?
Versant Media Group (VSNT) reaffirmed its guidance on Nov 3, 2026: Revenue $6.2B–$6.5B for FY2026; EBITDA $1.9B–$2.0B for FY2026.
What does Versant Media Group expect?
We derive significant revenue from selling advertising on our networks, and have experienced in recent years, and expect to continue to experience, declines in advertising revenue caused by changes in advertiser priorities primarily due to increased competition for the leisure time of viewers and increased audience fragmentation primarily from greater use of streaming and digital platforms (all of which we expect… In November 2026, we announced that we expect to enter into a $100 million ASR agreement commencing on We anticipate completing the transaction during the fourth quarter of 2026.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.