Quarterly ResultAug 6, 2026, 07:12 AM
Vistance Networks Q2 Net Sales $319.6M; Special Distribution $5.00/Share
AI Summary
Vistance Networks reported Q2 2026 net sales of $319.6 million, a 1.4% decrease year-over-year. GAAP income from continuing operations significantly increased to $26.1 million, or $0.06 per diluted share, compared to a loss in the prior year. Non-GAAP adjusted EBITDA decreased to $35.8 million. The company announced a special distribution of $5.00 per share, bringing total shareholder returns to $15.00 per share or $3.4 billion this year, following the RUCKUS divestiture. Vistance expects to end the year with $700-$750 million in cash and no debt, planning future organic and inorganic investments.
Key Highlights
- Q2 2026 net sales were $319.6 million, a 1.4% decrease year-over-year.
- GAAP income from continuing operations was $26.1 million, or $0.06 per diluted share.
- Non-GAAP adjusted EBITDA was $35.8 million, a 32.1% decrease year-over-year.
- Company announced a special distribution of $5.00 per share to be paid by August 2026.
- Total shareholder returns for the year reached $15.00 per share or $3.4 billion.
- Aurora segment net sales were $319.2 million, down 1.0% year-over-year.
- Full-year adjusted EBITDA guidance is $200 million to $225 million.
- Expected to end 2026 with $700 million to $750 million cash and no debt.
Price Impact
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