(Corrects the quarter in the headline and first paragraph.)
Versant Media (VSNT) reported Q1 earnings Thursday of $1.99 per diluted share, down from $2.55 a year earlier.
Four analysts polled by FactSet expected $1.70.
Revenue for the quarter ended March 31 was $1.69 billion, down from $1.71 billion a year earlier.
Analysts surveyed by FactSet expected $1.62 billion.
Shares of the company were up more than 15% in recent Thursday premarket activity.
Price: $44.23, Change: $+3.79, Percent Change: +9.36%