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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.