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Vistance Networks, Inc. provides infrastructure solutions for communications, data center, and entertainment networks in the United States, Europe, the Middle East, Africa, the Asia Pacific, Caribbean, and Latin America. The company operates in two segments: RUCKUS and Aurora Networks. The RUCKUS segment offers indoor cellular solutions, such as public key infrastructure solutions, indoor and outdoor Wi-Fi and long-term evolution access points, and access and aggregation switches; an Internet of Things suite; on-premises and cloud-based control and management systems; and software and software-as-a-service applications addressing security, location, reporting, and analytics. The Aurora Networks segment offers cable modem termination systems, video infrastructure, distribution and transmission equipment, and cloud solutions that enable facility-based service providers to construct residential and metro distribution network. It also provides technical support, and systems design and integration. The company serves telecommunications operators, data center managers, cable television providers, and multi-system operators. It offers its products and services through independent distributors, specialized resellers and distributors, wireless and wireline operators, original equipment manufacturers, and system integrators, as well as directly to customers. Vistance Networks, Inc. was formerly known as CommScope Holding Company, Inc. and changed its name to Vistance Networks, Inc. in January 2026. The company was founded in 1976 and is based in Richardson, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.9B | $309M | $2.3B | $253M | -227.4% | 39.7% | -823.8% |
| 2024 | $1.4B | $91M | $-316M | $248M | 9.1% | -25.8% | -79.1% |
| 2023 | $1.9B | $403M | $-1.5B | $237M | 49.8% | -67.8% | 17.1% |
| 2022 | $5.8B | $-236M | $-1.3B | $89M | 83.2% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,788.80 | 1,863.80 | 1,382.60 | 1,931.60 |
| Operating Revenue | - | 5,788.80 | 1,863.80 | 1,382.60 | 1,931.60 |
| Cost Of Revenue | - | 3,803.20 | 963.50 | 777.50 | 975.70 |
| Gross Profit | - | 1,985.60 | 900.30 | 605.10 | 955.90 |
| Operating Expense | - | 1,759.50 | 1,058.20 | 884.60 | 924.10 |
| Research And Development | - | 451.60 | 318.80 | 247.50 | 283.50 |
| Selling General And Administration | - | 907.80 | 512.40 | 472 | 497.40 |
| Total Expenses | - | 5,562.70 | 2,021.70 | 1,662.10 | 1,899.80 |
| Operating Income | - | 226.10 | -157.90 | -279.50 | 31.80 |
| Total Operating Income As Reported | - | -935.30 | -659.60 | -291.70 | 47.60 |
| EBITDA | - | -236.40 | 403.30 | 91 | 308.80 |
| Normalized EBITDA | - | 925 | 905 | 103.20 | 293 |
| EBIT | - | -932.50 | -157.90 | -279.50 | 31.80 |
| Interest Income | - | 2.80 | 11.10 | 10.90 | 16.70 |
| Interest Expense | 561.20 | 588.90 | 675.80 | 686.90 | - |
| Net Interest Income | - | -586.10 | 11.10 | 10.90 | 16.70 |
| Other Non Operating Income Expenses | - | -0.10 | 75.50 | 7.90 | -9.40 |
| Other Income Expense | - | -1,161.40 | -426.20 | -4.30 | 6.40 |
| Interest Income Non Operating | - | 2.80 | 11.10 | 10.90 | 16.70 |
| Interest Expense Non Operating | 561.20 | 588.90 | 675.80 | 686.90 | - |
| Net Non Operating Interest Income Expense | - | -586.10 | 11.10 | 10.90 | 16.70 |
| Pretax Income | - | -1,521.40 | -573 | -272.90 | 54.90 |
| Tax Provision | - | -91.30 | 79.80 | -66.90 | -269.40 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -69.70 | -105.36 | -2.99 | 3.32 |
| Net Income Continuous Operations | - | -1,430.10 | -652.80 | -206 | 324.30 |
| Net Income From Continuing And Discontinued Operation | - | -1,286.90 | -1,506.80 | -315.50 | 2,283.70 |
| Net Income From Continuing Operation Net Minority Interest | - | -1,430.10 | -652.80 | -206 | 324.30 |
| Net Income | - | -1,286.90 | -1,506.80 | -315.50 | 2,283.70 |
| Net Income Common Stockholders | - | -1,345.90 | -1,568.60 | -380.70 | 2,214.80 |
| Net Income Including Noncontrolling Interests | - | -1,286.90 | -1,506.80 | -315.50 | 2,283.70 |
| Normalized Income | - | -338.40 | -256.46 | -196.79 | 311.82 |
| Diluted NI Availto Com Stockholders | - | -1,345.90 | -1,568.60 | -380.70 | 2,214.80 |
| Basic Average Shares | - | 207.40 | 210.90 | 214.40 | 219.50 |
| Diluted Average Shares | - | 207.40 | 210.90 | 214.40 | 230 |
| Reconciled Depreciation | - | 696.10 | 561.20 | 370.50 | 277 |
| Reconciled Cost Of Revenue | - | 3,507.20 | 629.30 | 572.10 | 837.10 |
| Total Unusual Items | - | -1,161.40 | -501.70 | -12.20 | 15.80 |
| Total Unusual Items Excluding Goodwill | - | -1,161.40 | -501.70 | -12.20 | 15.80 |
| Preferred Stock Dividends | - | 59 | 61.80 | 65.20 | 68.90 |
| Net Income Discontinuous Operations | - | 143.20 | -854 | -109.50 | 1,959.40 |
| Special Income Charges | - | -1,161.40 | -501.70 | -12.20 | 15.80 |
| Gain On Sale Of Business | - | 0 | 0 | 24.50 | 35.50 |
| Write Off | - | 1,119.60 | 472.30 | 0 | 0 |
| Impairment Of Capital Assets | 13.70 | - | - | - | - |
| Restructuring And Mergern Acquisition | - | 41.80 | 29.40 | 36.70 | 19.70 |
| Depreciation Amortization Depletion Income Statement | - | 400.10 | 227 | 165.10 | 138.40 |
| Depreciation And Amortization In Income Statement | - | 400.10 | 227 | 165.10 | 138.40 |
| Other Operating Expenses | - | - | - | - | 4.80 |
| Amortization | - | 400.10 | 227 | 165.10 | 138.40 |
| Amortization Of Intangibles Income Statement | - | 400.10 | 227 | 165.10 | 138.40 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Vistance Networks, Inc.this co. | VISN | $2.8B | 1.23 | -2.79 | -227.4% | 30.18 |
| Fastly, Inc. | FSLY | $3.1B | -25.61 | 3.35 | -13.1% | -117.52 |
| Ouster, Inc. | OUST | $3.0B | - | 11.46 | -23.1% | - |
| Workiva Inc. | WK | $2.8B | -105.19 | -506.37 | 481.4% | 2375.17 |
| Freshworks Inc. | FRSH | $2.7B | 14.43 |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.57 |
| 17.8% |
| 53.81 |
| StoneCo Ltd. | STNE | $2.6B | 1.13 | 0.24 | 21.1% | 2.17 |
| Braze, Inc. | BRZE | $2.6B | -19.85 | 4.18 | -21.0% | -20.45 |
| Quantum Computing Inc. | QUBT | $2.5B | -135.15 | 1.58 | -1.2% | -130.81 |
| Agilysys, Inc. | AGYS | $2.5B | 64.93 | 7.71 | 11.9% | 40.93 |
| Peer Median | - | -19.85 | 2.96 | 5.4% | 2.17 | |