Versant Corp. (VSNT) Thursday reported a second-quarter loss, which narrowed from last year, helped mainly by higher revenues.
Net loss for the second quarter narrowed to $0.2 million or $0.07 per share from $0.5 million or $0.17 per share in the same quarter last year.
Versant reported revenues of $3.8 million, up 9 percent from $3.5 million last year. One customer accounted for 34 percent of total revenues for the quarter, whereas two customers accounted for 29 percent of total revenues.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.