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Versigent Q1 Net Income Falls, Sales Rise

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Versigent (VGNT) reported Q1 net income Tuesday of $81 million, down from $96 million a year earlier.

Net sales for the quarter ended March 31 were $2.21 billion, up from $2.02 billion a year earlier.

Analysts surveyed by FactSet expected $2.09 billion.

The company said it expects 2026 revenue of $9.10 billion to $9.40 billion. Analysts surveyed by FactSet expect $9.25 billion.

Shares of the company traded more than 5% higher in recent premarket activity Wednesday.

Price: $39.39, Change: $+1.89, Percent Change: +5.04%

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