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Axsome: Q3 Earnings Snapshot – WTOP News
The Dutch healthcare company beat quarterly profit forecasts as sales and margins improved, while its Respironics unit set aside €288 million for a U.S. settlement.
On Monday, Douglas Dynamics Inc. reported third-quarter earnings of $21.2 million, with the Milwaukee-based snowplow maker posting revenue of $218 million in the period.
Versant Media Group reported third-quarter net income of $47 million while navigating its first year as an independent entity following its separation from Comcast earlier this year.
Revenue fell 4.2% to $1.59 billion as linear distribution declined 5.8% to $935 million, though Versant's Platforms business grew 9.6% to $245 million, driven largely by Fandango.
Integrating Full Swing into its golf ecosystem and launching MS NOW Membership, Versant CEO Mark Lazarus said the company is "building deeper consumer relationships." The company declared a 37.5-cent quarterly dividend.
Full-Year revenue guidance spans $6.2 billion to $6.45 billion, with Versant expecting free cash flow to exceed its previous $1 billion to $1.2 billion forecast after generating $302 million in Q3.