BUZZ-Versant rises on upbeat Q1 revenue

Versant Media Group, Inc. Class A

Versant Media Group, Inc. Class A

VSNT

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** CNBC-owner Versant Media's VSNT.O shares rise 10.5% to $44.68 premarket

** For the first quarter, co posts revenue of $1.69 billion, above analysts estimates of $1.62 billion - LSEG

** Versant reports first quarter net income of $286 million, beating analysts estimates of $284.5

** Up to last close, stock is almost flat since its market debut on January 5