Results of Operations and Financial Condition · Other Events
Item 2.02. Results of Operations and Financial Condition. On November 5, 2026, Vistance Networks, Inc. (the “Company” or “Vistance Networks”) issued a press release relating to its financial results for the third quarter of 2026. A copy of the press release, which is incorporated by reference herein, is attached hereto as Exhibit 99.1.…
Filed Nov 5, 2026Accepted Nov 5, 2026, 7:11 AM ESTCIK 1517228Accession 0001193125-26-448564
Vistance Networks (NASDAQ: VISN) shapes the future of communications technology, pushing past what is possible. We deliver solutions that bring reliability and performance to a world always in motion. Our global team of innovators and employees are trusted advisors who listen to customers first, then deliver value. Discover more at www.vistancenetworks.com. Follow us on LinkedIn.
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Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition.
On November 5, 2026, Vistance Networks, Inc. (the “Company” or “Vistance Networks”) issued a press release relating to its financial results for the third quarter of 2026. A copy of the press release, which is incorporated by reference herein, is attached hereto as Exhibit 99.1. Following the publication of the press release, the Company will host an earnings call during which its financial results for the third quarter of 2026 will be discussed.
The foregoing information (including the exhibit hereto) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events
On November 5, 2026, the Company announced that the Board has authorized an additional repurchase of up to an aggregate of $100 million of the Company’s outstanding common stock (the “Repurchase Program”). This Repurchase Program is in addition to the $100 million repurchase program that was announced on April 30, 2026, and the $150 million repurchase program that was announced on August 26, 2026.
Any share repurchases under the Repurchase Program will be made in accordance with applicable securities laws in either open market or privately negotiated transactions. The Company may also, from time to time, enter into Rule 10b-18 and/or Rule 10b5-1 plans to facilitate repurchases of its shares under the Repurchase Program. The method, timing and amount of shares repurchased under the Repurchase Program will depend on several factors, including capital and liquidity requirements, market conditions and alternative uses for cash. The Repurchase Program does not obligate the Company to acquire any particular amount of its common stock, and the Repurchase Program may be modified, suspended or discontinued at any time.
Filed exhibits (1)
EX-99.1 (by filename) visn-ex99_1.htm
Exhibit 99.1
Vistance Networks Reports Third Quarter 2026 Results
Third Quarter Highlights
• Net sales of $319.7 million
• GAAP income from continuing operations of $54.7 million
• Non-GAAP adjusted EBITDA of $56.6 million (1)
• Aurora Networks "Aurora" operating income of $23.0 million
• Aurora non-GAAP adjusted EBITDA of $56.8 million* (1)
• Cash flow used in operations of $(57.5) million and free cash flow of $(57.7) million (2)
* Reflects the results of Aurora, our reportable segment, which represent substantially all of our net sales and exclude general corporate costs that were previously allocated to the divested RUCKUS and CCS segments because they were not directly attributable to the divested segments. See the segment comparison tables below showing the breakdown of Aurora’s results and the corporate and other costs previously allocated to the divested RUCKUS and CCS segments.
(1) See “Non-GAAP Financial Measures” and “Reconciliation of GAAP Measures to Non-GAAP Adjusted Measures” below.
(2) The cash flows related to discontinued operations have not been segregated. Accordingly, this cash flow information includes the results of continuing and discontinued oper…