Here are the 10-Q quarterly reports from Vistance Networks, Inc. (VISN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow VISN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VISN filings page.
Vistance Networks, Inc. reported continuing net sales of $319.6 million for the quarter ended June 30, 2026, down slightly from $324.1 million a year earlier. Gross profit was $112.9 million and an operating loss of $8.9 million became $26.1 million of income from continuing operations after a $28.7 million tax benefit.
Overall results were dominated by divestitures classified as discontinued operations. For the first six months of 2026, net income was $5,803.1 million, largely from the $10,541.7 million cash sale of the Connectivity and Cable Solutions segment, which produced a $5,355.0 million after‑tax gain, plus income from the RUCKUS and other discontinued businesses.
Sale proceeds were used to repay $7,359.5 million of debt, redeem $1,278.7 million of Series A convertible preferred stock and fund a $2,316.3 million special distribution to common shareholders. As of June 30, 2026 the company had no long‑term debt, stockholders’ equity of $2,505.8 million and an undrawn secured revolving credit facility with $137.0 million of availability after letters of credit.
The remaining Aurora segment anchors ongoing operations with identifiable assets of $1,830.6 million. Customer concentration is significant, with Comcast accounting for 60% and Charter 10% of net sales for the six months ended June 30, 2026, and Comcast and Charter representing 48% and 15% of accounts receivable.
Vistance Networks reported Q1 2026 net income of $5.5 billion, driven mainly by a $7.0 billion gain on the sale of its CCS segment, which is classified in discontinued operations. Net sales from continuing operations rose 21.6% to $471.8 million, with both RUCKUS and Aurora contributing growth.
Operating income improved to $23.7 million from a loss, and non‑GAAP adjusted EBITDA increased to $87.3 million. The company used divestiture proceeds to repay $7.3 billion of debt, ending the quarter with $2.5 billion of cash and no long‑term debt. Subsequent to quarter‑end, it declared a $10.00 per‑share special cash distribution, authorized a $100 million share repurchase program, arranged a new $300 million asset‑based revolver, and agreed to sell its RUCKUS segment to Belden for $1.846 billion in cash.