Pre-market: Versant gains on strong fiscal Q2 results
Shares of Versant Corp. (Nasdaq:VSNT) are advancing ahead of the opening bell after the database management system products company said after the close Tuesday that revenue in its fiscal second quarter surged 30%, while net income increased 23%. The company attributed results to increases in licensing and maintenance revenues and a weak U.S. dollar.
Shares gained 10%, or $2.99, to $32.39 ahead of the opening bell. For detailed price information and recent news stories about Versant, click VSNT.
