Corrected: Vistance Networks Q2 sales fall 1.4%

Vistance Networks

06/08/2026 12:39

Corrects Q2 EPS in table to $1.21 from $1.24

Overview
Intelligent network solutions provider's Q2 net sales fell 1.4% yr/yr to $319.6 mln
Adjusted EPS and adjusted EBITDA declined yr/yr, with adjusted EBITDA down 32%
Company announced $5.00/share special distribution after closing RUCKUS segment sale

Outlook
Vistance Networks expects 2026 full-year adjusted EBITDA of $200 mln to $225 mln
Company expects to end 2026 with $700 mln to $750 mln in cash and no debt
Vistance Networks expects a $160 mln tax refund in 2027 related to divestiture strategy

Result Drivers
REGIONAL SALES MIX - Co said net sales fell due to declines in EMEA and Canada, partially offset by growth in the U.S., Asia Pacific and Caribbean/Latin America
PRIOR-YEAR LICENSE SALES - Co said adjusted EBITDA was down yr/yr due in part to strong license sales in Q2 2025
MEMORY CHIP PRICING AND STRANDED COSTS - Co cited ongoing challenges with memory chip pricing and stranded costs from divestitures as factors weighing on profitability

Company press release: ID:nBw31VJpna

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
$319.60 mln
 
Q2 Adjusted EPS
Miss
$0.12
$0.28 (2 Analysts)
Q2 EPS
 
$1.21
 
Q2 Net Income
 
$295.20 mln
 
Q2 Adjusted EBITDA
Miss
$35.80 mln
$90.70 mln (2 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Vistance Networks Inc is $18.50, about 49.8% above its August 5 closing price of $12.35
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 16 three months ago

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 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)