people · May 20, 2026
Versigent CEO Joe Liotine Reports Q1 Results and Reiterates FY2026 Guidance Amid Copper Headwinds
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Versigent CEO Joe Liotine reported Q1 2026 adjusted core profit of 203 million dollars on revenue of 2.2 billion dollars in an exclusive interview published May 19 2026. The company authorized a 250 million dollar share buyback and reiterated full year 2026 guidance of 9.1 to 9.4 billion dollars revenue and 950 million to 1.03 billion dollars adjusted EBITDA. Copper price surge is described as a near term headwind managed through contract escalations with margins expected to rise sequentially through 2026.
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