Vistance Networks, Inc.
Business
Vistance Networks, Inc. provides infrastructure solutions for connectivity and media delivery across wired and wireless networks. The company offers digital video distribution, broadband access infrastructure, cable modem termination systems, Wi-Fi access points, IoT solutions, and cloud-based management platforms, supported by technical services. Operations span two reportable segments: RUCKUS, providing wireless networks for enterprises and service providers, and Aurora, offering cable access and video infrastructure for facility-based service providers.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 1,932 | 1,383 | 1,864 | 5,789 | 6,737 | |
| Cost of sales | 976 | 778 | 964 | 3,803 | 4,298 | |
| Gross profit | 956 | 605 | 900 | 1,986 | 2,440 | |
| Transition service agreement income | 36 | 25 | 0 | 0 | — | |
| Selling, general and administrative | 497 | 472 | 512 | 908 | 1,083 | |
| Research and development | 284 | 248 | 319 | 452 | 565 | |
| Amortization of purchased intangible assets | 138 | 165 | 227 | 400 | 510 | |
| Restructuring costs, net | 20 | 37 | 29 | 42 | 85 | |
| Asset impairments | 0 | 0 | 472 | 1,120 | 0 | |
| Other | 5 | 0 | 0 | — | — | |
| Total operating expenses | 944 | 921 | 1,560 | 2,921 | 2,243 | |
| Operating income (loss) | 48 | −292 | −660 | −935 | 197 | |
| Other income (expense), net | −9 | 8 | 76 | 0 | −27 | |
| Interest income | 17 | 11 | 11 | 3 | 2 | |
| Income (loss) from continuing operations before income taxes | 55 | −273 | −573 | −1,521 | −389 | |
| Income tax (expense) benefit | 269 | 67 | −80 | 91 | 39 | |
| Income (loss) from continuing operations | 324 | −206 | −653 | −1,430 | −350 | |
| Income (loss) from discontinued operations, net of income tax (expense) benefit of $865.1, $(213.6) and $99.6, respectively | 1,959 | −110 | −854 | 143 | −113 | |
| Net income (loss) | 2,284 | −316 | −1,507 | −1,287 | −463 | |
| Series A convertible preferred stock dividends | −69 | −65 | −62 | −59 | −57 | |
| Net income (loss) attributable to common stockholders | 2,215 | −381 | −1,569 | −1,346 | −520 | |
| Earnings (loss) from continuing operations per share | 1.16 | −1.27 | −3.39 | −7.18 | −2 | |
| Earnings (loss) from discontinued operations per share | 8.93 | −0.51 | −4.05 | 0.69 | −0.55 | |
| Earnings (loss) per share | 10.09 | −1.78 | −7.44 | −6.49 | −2.55 | |
| Earnings (loss) from continuing operations per share | 1.11 | −1.27 | −3.39 | −7.18 | −2 | |
| Earnings (loss) from discontinued operations per share | 8.52 | −0.51 | −4.05 | 0.69 | −0.55 | |
| Earnings (loss) per share | 9.63 | −1.78 | −7.44 | −6.49 | −2.55 | |
| Basic | 220 | 214 | 211 | 207 | 204 | |
| Diluted | 230 | 214 | 211 | 207 | 204 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-09-30 | FY 2024 2024-06-30 | FY 2024 2024-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 754 | 404 | — | — | — | |
| Accounts receivable, net of allowance for doubtful accounts of $1.6 and $1.6, respectively | 350 | 252 | — | — | — | |
| Inventories, net | 310 | 403 | — | — | — | |
| Prepaid expenses and other current assets | 57 | 89 | — | — | — | |
| Current assets held for sale | 4,325 | 2,336 | — | — | — | |
| Total current assets | 5,796 | 3,485 | — | — | — | |
| Property, plant and equipment, net of accumulated depreciation of $174.5 and $255.8, respectively | 59 | 82 | — | — | — | |
| Goodwill | 765 | 760 | — | — | — | |
| Other intangible assets, net | 839 | 979 | — | — | — | |
| Deferred income taxes | 1,766 | 432 | — | — | — | |
| Other noncurrent assets | 147 | 150 | — | — | — | |
| Noncurrent assets held for sale | 0 | 2,860 | — | — | — | |
| Total assets | 9,371 | 8,748 | — | — | — | |
| Accounts payable | 213 | 123 | — | — | — | |
| Accrued and other liabilities | 498 | 457 | — | — | — | |
| Current liabilities held for sale | 784 | 649 | — | — | — | |
| Total current liabilities | 1,496 | 1,230 | — | — | — | |
| Long-term debt | 7,260 | 9,238 | — | — | — | |
| Deferred income taxes | 67 | 91 | — | — | — | |
| Other noncurrent liabilities | 274 | 321 | 433 | 417 | 420 | |
| Noncurrent liabilities held for sale | 0 | 96 | — | — | — | |
| Total liabilities | 9,096 | 10,976 | 10,951 | 10,974 | 10,835 | |
| Commitments and contingencies | — | — | — | — | — | |
| Series A convertible preferred stock, $0.01 par value | 1,279 | 1,227 | — | — | — | |
| Preferred stock, $0.01 par value: Authorized shares: 200,000,000; Issued and outstanding shares: 1,278,653 and 1,227,328, respectively, Series A convertible preferred stock | 0 | 0 | — | — | — | |
| Common stock, $0.01 par value: Authorized shares: 1,300,000,000; Issued and outstanding shares: 223,260,316 and 215,887,001, respectively | 2 | 2 | — | — | — | |
| Additional paid-in capital | 2,488 | 2,514 | — | — | — | |
| Accumulated deficit | −3,041 | −5,325 | 5,329 | 5,296 | 5,340 | |
| Accumulated other comprehensive loss | −119 | −345 | — | — | — | |
| Treasury stock, at cost: 18,665,426 shares and 15,647,303 shares, respectively | −335 | −304 | — | — | — | |
| Total stockholders' deficit | −1,004 | −3,456 | −3,351 | −3,347 | −3,360 | |
| Total liabilities and stockholders' deficit | 9,371 | 8,748 | — | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income (loss) | 2,284 | −316 | −1,507 | −1,287 | −463 | |
| Depreciation and amortization | 277 | 371 | 561 | 696 | 786 | |
| Equity-based compensation | 43 | 29 | 47 | 61 | 80 | |
| Deferred income taxes | −1,350 | 65 | −181 | −118 | −148 | |
| Asset impairments | 0 | 19 | 1,244 | 1,120 | 14 | |
| (Gain) loss on disposal of discontinued operations | −869 | 28 | 0 | — | — | |
| Accounts receivable | −281 | −138 | 472 | −16 | −60 | |
| Inventories | −92 | 153 | 391 | −179 | −360 | |
| Prepaid expenses and other current assets | 9 | −56 | 45 | 31 | 3 | |
| Accounts payable and other accrued liabilities | 326 | 144 | −720 | −43 | 256 | |
| Other noncurrent assets | −49 | −21 | −27 | 8 | −46 | |
| Other noncurrent liabilities | −38 | −18 | 76 | −89 | 8 | |
| Other | 64 | 13 | −104 | 6 | 50 | |
| Net cash generated by operating activities | 323 | 273 | 297 | 190 | 122 | |
| Additions to property, plant and equipment | −70 | −25 | −61 | −101 | −131 | |
| Proceeds from sale of property, plant and equipment | 10 | 200,000 | 71 | 100,000 | 13 | |
| Net proceeds from divestitures | 2,042 | 0 | 0 | — | — | |
| Acquisition of a business | 0 | −45 | 0 | 0 | — | |
| Other | 0 | 13 | 20 | 19 | −500,000 | |
| Net cash generated by (used in) investing activities | 1,982 | −57 | 31 | −82 | −137 | |
| Long-term debt repaid | −2,049 | −4,339 | −32 | −365 | −1,282 | |
| Long-term debt repurchases | 0 | 0 | −143 | 0 | 0 | |
| Long-term debt proceeds | 50 | 4,350 | 0 | 333 | 1,250 | |
| Cash paid for debt discount | 0 | −59 | 0 | 0 | — | |
| Debt issuance costs | −6 | −33 | 0 | −7 | −12 | |
| Dividends paid on Series A convertible preferred stock | −18 | 0 | 0 | −15 | −43 | |
| Tax withholding payments for vested equity-based compensation awards | −31 | −2 | −9 | −15 | −26 | |
| Other | 0 | 0 | 2 | 4 | 3 | |
| Net cash used in financing activities | −2,054 | −83 | −182 | −65 | −140 | |
| Effect of exchange rate changes on cash and cash equivalents | 9 | −13 | −800,000 | −5 | −8 | |
| Change in cash and cash equivalents | 260 | 120 | 146 | 38 | −162 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Vistance Networks, Inc.'s CIK number?
Vistance Networks, Inc.'s SEC CIK number is 0001517228 (1517228). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Vistance Networks, Inc.'s SEC filings?
All of Vistance Networks, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Vistance Networks, Inc. last report earnings?
Vistance Networks, Inc. (VISN) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-193951). This is Vistance Networks, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Vistance Networks, Inc.'s most recent earnings 8-K?
Vistance Networks, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001193125-26-193951. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Vistance Networks, Inc.'s latest earnings 8-K →
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