Vistance Networks, Inc. (VISN)

From the record

Vistance Networks, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Vistance Networks, Inc.'s 10 filed years say what it did: revenue went from $4.9 billion in fiscal 2016 to $1.9 billion in fiscal 2025, down 9.9% a year; it rose in 4 of 9 years; the deepest fall was 84% from fiscal 2020 to fiscal 2024; net income was positive in 4 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Vistance Networks, Inc.'s diluted share count grew about 3.5% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales and 4 purchases of their own stock on the open market in the year to 2026-11-12, buying about $1 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Vistance Networks, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 10 cents per dollar of everything the company owns. Leverage: it owed about 111 cents per dollar of assets, and net share issuance: its share count grew 7.3% over the year (the filed statements).

From the record

Vistance Networks, Inc.'s standing among 21 graded names in its industry family: revenue of $1.9 billion in fiscal 2025 ranks in the top 18% by size; a net margin of 118.2% ranks in the top 2%; revenue growth of -30.6% a year over the last 3 filed years ranks in the bottom 3% (its annual reports).

From the record

Vistance Networks, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Treadway, Charles L. (President and CEO, as filed), filing under that title since 2020-10-02, 6.1 years (top 50% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 6.1 years (top 27%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 41%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Vistance Networks, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $754 million against debt of $7.3 billion leaves -69.4% of its assets as net cash, bottom 2% of its family; cash from operations less capital spending is 13.1% of revenue (top 31%); a gross margin of 49.5% (top 18%); research spending of 14.7% of revenue (top 50%) (its annual report).

From the record

Vistance Networks, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -30.6% a year over the last three filed years against -9.9% over all 10, slowing (bottom 13% of its family); the newest year grew 39.7% (top 21%); research spending grew -14.4% a year (bottom 26%); capital spending grew -11.5% a year (bottom 34%) (its annual reports). Vistance Networks, Inc. reported 2 lines of business in fiscal 2025: Aurora at $1.2 billion (64%), Ruckus at $699 million (36%); 2 of 2 grew against the year before (its annual report).

From the record

Vistance Networks, Inc.'s newest year against its own record: revenue of $1.9 billion in fiscal 2025 came in 185.7% above the $676 million its prior three years' pace pointed to (top 13% of its family); net income of $2.3 billion against a prior three-year average of $1.0 billion (top 7%); a net margin of more than its whole revenue against -42% before (top 24%) (its annual reports).