Vistance Networks, Inc. VISN

Technology SIC 3663 - Radio & Tv Broadcasting & Communications Equipment NAICS Manufacturing › Computer and Electronic Product Manufacturing › Communications Equipment Manufacturing › Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing derived Nasdaq

Vistance Networks, Inc. was incorporated in Delaware on October 22, 2010 as CommScope Holding Company, Inc., and our initial public offering for our common stock was on October 25, 2013. Effective January 14, 2026, we changed our legal name from CommScope Holding Company, Inc. to Vistance Networks, Inc. Since our founding as an independent company in 1976, we have played a significant role in many of the world's leading communication networks. Our evolution has been driven by technological innovation and strategies that expanded our product offerings and complemented our existing solutions. We are a global provider of infrastructure solutions that enable service providers, including cable, telephone and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. Our solutions are complemented by services including technical support, systems design and integration. We are a leader in digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms and equipment that delivers data and voice networks to homes. Our global leadership position is built upon innovative technology, broad solution offerings, high-quality and cost-effective customer solutions, and global manufacturing and distribution scale.

Last close 6.10 2026-10-23
Market cap $1.41B 2026-06-30 share count
52-week range 5.76 - 19.95

Valuation FY2025 figures against the last close

P/S0.7x
P/E0.6x
P/FCF5.6x
EV/EBITDA24.4x
Dividend yield—
Diluted EPS9.63

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.93B$1.38B$1.86B$5.79B$6.74B$8.44B$8.35B$4.57B$4.56B$4.92B
Cost of revenue $975.7M$777.5M$963.5M$3.80B$4.30B$5.69B$5.94B$2.94B$2.86B$2.89B
Gross profit $955.9M$605.1M$900.3M$1.99B$2.44B$2.75B$2.40B$1.63B$1.71B$2.03B
R&D $283.5M$247.5M$318.8M$451.6M$565.0M$703.3M$578.5M$185.7M$185.6M$201.3M
SG&A $497.4M$472.0M$512.4M$907.8M$1.08B$1.17B$1.28B$674.0M$733.1M$881.7M
Total operating expenses $943.8M$921.3M$1.56B$2.92B$2.24B$2.80B$2.91B$1.18B$1.23B$4.36B
Operating income $47.6M-$291.7M-$659.6M-$935.3M$196.6M-$51.8M-$508.5M$450.0M$472.0M$567.6M
Interest expense —$686.9M$675.8M$588.9M$561.2M$577.8M$577.2M$242.0M$257.0M$277.5M
Pre-tax income $54.9M-$272.9M-$573.0M-$1.52B-$389.2M-$654.5M-$1.07B$170.7M$209.8M$272.6M
Income tax $269.4M$66.9M$79.8M$91.3M$39.2M$81.1M$144.5M$30.5M$16.0M$49.7M
Net income $2.28B-$315.5M-$1.51B-$1.29B-$462.6M-$573.4M-$929.5M$140.2M$193.8M$222.8M
EPS, basic 10.09-1.78-7.44-6.49-2.55-3.20-5.020.731.011.16
EPS, diluted 9.63-1.78-7.44-6.49-2.55-3.20-5.020.720.981.13
Shares, diluted (wtd. avg.) 230.0M214.4M210.9M207.4M203.6M196.8M193.7M195.3M196.8M196.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $754.4M$404.1M$543.8M$398.1M$360.3M$521.9M$598.2M$458.2M$454.0M$428.2M
Receivables $350.4M$252.2M$581.9M$1.18B$1.53B$1.49B$1.70B$810.4M$898.8M$952.4M
Inventory $310.4M$403.0M$900.8M$1.38B$1.44B$1.09B$975.9M$473.3M$444.9M$473.3M
Total current assets $5.80B$3.48B$2.83B$3.73B$3.58B$3.35B$3.51B$1.88B$1.94B$1.99B
Property, plant and equipment $58.6M$82.2M$433.3M$601.0M$656.3M$684.5M$723.8M$450.9M$467.3M$475.0M
Goodwill $764.6M$759.6M$757.3M$3.46B$5.23B$5.29B$5.47B$2.85B$2.89B$2.77B
Other intangibles $839.1M$979.3M$1.46B$1.92B$3.03B$3.65B$4.26B$1.35B$1.64B$1.80B
Total assets $9.37B$8.75B$9.33B$11.69B$13.26B$13.58B$14.43B$6.63B$7.04B$7.14B
Accounts payable $213.3M$123.4M$330.7M$684.3M$1.16B$1.01B$1.15B$399.2M$436.7M$415.9M
Short-term debt $0$0$32.0M$32.0M$32.0M$32.0M$32.0M———
Total current liabilities $1.50B$1.23B$1.41B$2.11B$2.18B$1.95B$2.04B$690.6M$723.7M$857.8M
Long-term debt $7.26B$9.24B$9.25B$9.47B$9.48B$9.49B$9.80B$3.99B$4.37B$4.55B
Total liabilities $9.10B$10.98B$11.20B$12.13B$12.36B$12.18B$12.60B$4.87B$5.39B$5.75B
Retained earnings -$3.04B-$5.32B-$5.01B-$3.50B-$2.22B-$1.75B-$1.18B-$249.8M-$396.0M-$589.6M
Total equity -$1.00B-$3.46B-$3.02B-$1.55B-$156.6M$355.0M$836.3M$1.76B$1.65B$1.39B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $322.9M$273.1M$297.3M$190.0M$122.3M$436.2M$596.4M$494.1M$586.3M$640.2M
Depreciation and amortisation $277.0M$370.5M$561.2M$696.1M$786.3M$823.3M$770.9M$357.5M$378.0M$399.1M
Stock-based compensation $42.7M$29.1M$47.3M$61.1M$79.6M$115.0M$90.8M$44.9M$41.8M$35.0M
Capital expenditure $70.3M$25.3M$60.7M$101.3M$131.4M$121.2M$104.1M$82.3M$68.7M$68.3M
Investing cash flow $1.98B-$57.2M$30.9M-$82.1M-$136.8M-$120.2M-$5.15B-$64.3M-$166.2M-$54.6M
Financing cash flow -$2.05B-$83.0M-$181.7M-$65.0M-$139.5M-$383.8M$4.70B-$409.6M-$413.7M-$708.4M
Buybacks ————————$175.0M—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-072523.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2.5B 0 2.5B 5B 7.5B 10B Revenue, FY2016: 4.9B Gross profit, FY2016: 2B Net income, FY2016: 222.8M Revenue, FY2017: 4.6B Gross profit, FY2017: 1.7B Net income, FY2017: 193.8M Revenue, FY2018: 4.6B Gross profit, FY2018: 1.6B Net income, FY2018: 140.2M Revenue, FY2019: 8.3B Gross profit, FY2019: 2.4B Net income, FY2019: -929.5M Revenue, FY2020: 8.4B Gross profit, FY2020: 2.7B Net income, FY2020: -573.4M Revenue, FY2021: 6.7B Gross profit, FY2021: 2.4B Net income, FY2021: -462.6M Revenue, FY2022: 5.8B Gross profit, FY2022: 2B Net income, FY2022: -1.3B Revenue, FY2023: 1.9B Gross profit, FY2023: 900.3M Net income, FY2023: -1.5B Revenue, FY2024: 1.4B Gross profit, FY2024: 605.1M Net income, FY2024: -315.5M Revenue, FY2025: 1.9B Gross profit, FY2025: 955.9M Net income, FY2025: 2.3B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $4.92B $4.56B $4.57B $8.35B $8.44B $6.74B $5.79B $1.86B $1.38B $1.93B
Gross profit $2.03B $1.71B $1.63B $2.40B $2.75B $2.44B $1.99B $900.3M $605.1M $955.9M
Net income $222.8M $193.8M $140.2M -$929.5M -$573.4M -$462.6M -$1.29B -$1.51B -$315.5M $2.28B

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Other event Item 8.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Acquisition or disposal completed Item 2.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event Item 8.01
  • Material agreement signed Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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