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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 | 831.6% | 39.7% | - |
| 2024 | $1.4B | $91M | $-316M | $248M | 14.2% | -25.8% | - |
| 2023 | $1.9B | $403M | $-1.5B | $237M | 80.9% | -67.8% | - |
| 2022 | $5.8B | $-236M | $-1.3B | $89M | 288.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total 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 |
| Operating Income | 226.10 | -157.90 | -279.50 | 31.80 |
| EBITDA | -236.40 | 403.30 | 91 | 308.80 |
| EBIT | -932.50 | -157.90 | -279.50 | 31.80 |
| Pretax Income | -1,521.40 | -573 | -272.90 | 54.90 |
| Tax Provision | -91.30 | 79.80 | -66.90 | -269.40 |
| 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 |
| Total Expenses | 5,562.70 | 2,021.70 | 1,662.10 | 1,899.80 |
| Interest Expense | 588.90 | 675.80 | 686.90 | 0 |
| Interest Income | 2.80 | 11.10 | 10.90 | 16.70 |
| Research And Development | 451.60 | 318.80 | 247.50 | 283.50 |
| Selling General And Administration | 907.80 | 512.40 | 472 | 497.40 |
| Normalized EBITDA | 925 | 905 | 103.20 | 293 |
| Normalized Income | -338.40 | -256.46 | -196.79 | 311.82 |
| Basic EPS | -6.49 | -7.44 | -1.78 | 10.09 |
| Diluted EPS | -6.49 | -7.44 | -1.78 | 9.63 |
| Tax Effect Of Unusual Items | -69.70 | -105.36 | -2.99 | 3.32 |
| Tax Rate For Calcs | 0.06 | 0.21 | 0.25 | 0.21 |
| 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 |
| Net Income From Continuing Operation Net Minority Interest | -1,430.10 | -652.80 | -206 | 324.30 |
| Reconciled Depreciation | 696.10 | 561.20 | 370.50 | 277 |
| Reconciled Cost Of Revenue | 3,507.20 | 629.30 | 572.10 | 837.10 |
| Net Interest Income | -586.10 | 11.10 | 10.90 | 16.70 |
| Net Income From Continuing And Discontinued Operation | -1,286.90 | -1,506.80 | -315.50 | 2,283.70 |
| Total Operating Income As Reported | -935.30 | -659.60 | -291.70 | 47.60 |
| Diluted Average Shares | 207.40 | 210.90 | 214.40 | 230 |
| Basic Average Shares | 207.40 | 210.90 | 214.40 | 219.50 |
| Diluted NI Availto Com Stockholders | -1,345.90 | -1,568.60 | -380.70 | 2,214.80 |
| Preferred Stock Dividends | 59 | 61.80 | 65.20 | 68.90 |
| Net Income Including Noncontrolling Interests | -1,286.90 | -1,506.80 | -315.50 | 2,283.70 |
| Net Income Discontinuous Operations | 143.20 | -854 | -109.50 | 1,959.40 |
| Net Income Continuous Operations | -1,430.10 | -652.80 | -206 | 324.30 |
| Other Income Expense | -1,161.40 | -426.20 | -4.30 | 6.40 |
| Other Non Operating Income Expenses | -0.10 | 75.50 | 7.90 | -9.40 |
| 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 | 0 | 0 | 0 | 0 |
| Restructuring And Mergern Acquisition | 41.80 | 29.40 | 36.70 | 19.70 |
| Net Non Operating Interest Income Expense | -586.10 | 11.10 | 10.90 | 16.70 |
| Interest Expense Non Operating | 588.90 | 675.80 | 686.90 | 0 |
| Interest Income Non Operating | 2.80 | 11.10 | 10.90 | 16.70 |
| Other Operating Expenses | 0 | 0 | 0 | 4.80 |
| 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 |
| Amortization | 400.10 | 227 | 165.10 | 138.40 |
| Amortization Of Intangibles Income Statement | 400.10 | 227 | 165.10 | 138.40 |
| Operating Revenue | 5,788.80 | 1,863.80 | 1,382.60 | 1,931.60 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Vistance Networks, Inc.this co. | VISN | $2.4B | 9.43↓ discount | -2.33 | 831.6% | 26.95 |
| StoneCo Ltd. | STNE | $2.6B | 6.27 | 1.22 | 21.0% | 1.98 |
| Bitdeer Technologies Group | BTDR | $2.6B | - | 2.81 | - | 10.32 |
| Braze, Inc. | BRZE | $2.6B | - | 4.10 | -21.0% | -18.10 |
| Aehr Test Systems, Inc. | AEHR | $2.6B |
| - |
| 18.24 |
| -3.2% |
| -213.47 |
| Grindr Inc. | GRND | $2.5B | 30.91 | 52.32 | 201.6% | 20.22 |
| NextNav Inc. | NN | $2.4B | - | -28.15 | 219.5% | -40.60 |
| Freshworks Inc. | FRSH | $2.3B | 13.10 | 2.26 | 17.8% | 50.08 |
| AvePoint, Inc. | AVPT | $2.1B | 66.13 | 4.46 | 7.3% | 42.12 |
| Peer Median | - | 22.00 | 3.46 | 17.8% | 6.15 | |