Key Developments For Versant Corporation
Versant Corporation (VSNT.O) (Consolidated Issue listed on NASDAQ Capital Market)
Versant Corporation And Panasas Deliver High Performance Database And Storage For Application Developers
Versant Corporation and Panasas, announced a partnership to help accelerate database and storage performance for high-end application developers. The combined platform addresses the most demanding database and storage requirements found in high performance computing applications, especially for financial services, modeling and simulation, and complex telecommunication network management. Panasas provides parallel access to storage with very high concurrency that allows customers of both Panasas and Versant to build new applications for life sciences, financial services and satellite imaging that cannot be done with traditional SAN/NAS storage and relational databases. The Versant Object Database allows these complex applications to be built quickly, while Panasas provides the storage I/O and scalability to achieve a customer's performance targets.
North Side Inc. Selects Versant Corporation For Bot Colony MMO Game Development
Versant Corporation announced a license agreement with North Side Inc, a progressive MMO game developer located in Canada. North Side Inc. is licensing the Versant Object Database as the central repository for its natural language processing (NLP) system.
Versant Corporation Issues Q2 2009 Revenue Outlook; Comments On Q2 2009 Net Income Outlook; Lowers FY 2009 Outlook
Versant Corporation announced that for the second quarter of 2009, it currently expects revenues of between $3.5 million and $3.7 million with modest net income. For fiscal 2009, the Company now expects revenues of between $17 million and $19 million (compared to the previous fiscal 2009 revenue guidance of between $22 million to $24 million) and diluted earnings per share (EPS) of between $1.00 and $1.30 (compared to the previous guidance of diluted EPS of between $2.00 and $2.40).
Versant Corporation Issues FY 2009 Guidance; Announces Share Repurchase Program
Versant Corporation announced that for fiscal 2009 it expects revenues of between $22 million and $24 million, and diluted earnings per share between $2.00 and $2.40. The Company also announced that its Board of Directors has approved a stock repurchase program. Under the program, the Company is authorized to repurchase up to $5.0 million worth of its outstanding common shares from time to time on the open market, in block trades or otherwise.
Versant Corporation Raises FY 2008 Guidance
Versant Corporation announced that it raised its fiscal 2008 revenue guidance to approximately $26 million, its fiscal 2008 net income guidance to a range of $9.9 to $10.3 million and its diluted net income per share in the range of $2.60 to $2.70.
