Versant Media's Q3 adjusted EBITDA beats expectations, digital platform revenue up nearly 10%. The company reported adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $353 million for the third quarter, surpassing Wall Street's estimate of $305 million. Digital platform revenue, including Fandango, reached $245 million, an increase of nearly 10% year-over-year. However, advertising revenue declined 5.3% year-over-year to $373 million. The company reiterated its full-year revenue and adjusted EBITDA guidance and expects free cash flow to exceed previous forecasts. Versant Media is the parent company of CNBC.