VISN
Vistance Networks, Inc. Information Technology Radio & Tv Broadcasting & Communications Equipment Russell 3000
$6.54Close
$1.5BMarket cap
$4.43 – $7.3452-week range
Nov 5, 2026Next report · before the open
Highlights
Strengths
- Earnings growing EPS +766% year on year, faster than the quarter before (+63 pts)
Cautions
- Trend not confirmed 6 of 8 conditions · 50-day under the 150/200-day, RS under 70
- Results soon Nov 5, 2026, in 4 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
11%
1wk
up 7.2%
price change
1mo
up 9.4%
price change
12-month return
up 40%
market up 11% ·
its own up 38%
F-score
7 / 9
Strong
Altman Z
0.42
Elevated risk
P/E
0.6×
price / earnings
PEG
—
P/E / EPS growth
P/B
—
price / book
Earnings yield
up 0.6%
EBIT / enterprise value
Cheaper than
62%
of the market · cheap
Revenue growth
up 40%
year on year
EPS growth
up 766%
latest quarter · +63 pts
Sales growth
down 1%
latest quarter · -23 pts
ROE
—
return on equity
Free cash margin
up 13%
$252.6M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
20.5×
Interest cover
—EBIT / interest
Piotroski tests
- profits not fully backed by cash
- issued more shares
- profitable on its assets
- generating cash from operations
- profitability improving
- reduced long-term debt
- short-term liquidity improved
- gross margin widened
- assets working harder
Repair signals
- Long-term debt down 21% ($9.2B → $7.3B)
- Gross margin 43.8% → 49.5%
- Revenue reaccelerating (-26% then +40%)
Trade setup
ATR%
3.7%
$0.24 a day · 2×ATR $6.06
RS
69 / 99
vs the universe
Trend
6 / 8
50-day under the 150/200-day, RS under 70
Relative volume
0.6×
vs 50-day average
Up/down volume
1.04
50 sessions
Implied move
—
no option chain · report Nov 5, 2026
Trend template · 6 of 8
- 50-day average above the 150 and 200-day: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Liabilities exceed assets Shareholders' equity is negative at -$1.0B as of Dec 31, 2025. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Heavily indebted Net debt is 20.5 times EBITDA — roughly 20 years of earnings before interest, tax and depreciation to repay borrowings in full.
- Shareholders diluted The share count rose 3.4% over the year, from 216m to 223m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
- Profit not backed by cash Reported profit of $2.3B came with $322.9M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
Last reported
Aug 6, 2026
Last shock
Aug 6, 2026-18% in one session3.9× volumeon results+14% since
Financials
- Gross 49%
- Net 118%
- Free cash 13%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $8.4B | $6.7B | $5.8B | $1.9B | $1.4B | $1.9B |
| Gross margin | 33% | 36% | 34% | 48% | 44% | 49% |
| Operating income | -$51.8M | $196.6M | -$935.3M | -$659.6M | -$291.7M | $47.6M |
| Net income | -$573.4M | -$462.6M | -$1.3B | -$1.5B | -$315.5M | $2.3B |
| Net margin | -7% | -7% | -22% | -81% | -23% | 118% |
| Earnings per share | -$2.91 | -$2.27 | -$6.20 | -$7.14 | -$1.47 | $9.93 |
| Free cash flow | $315.0M | -$9.1M | $88.7M | $236.6M | $247.8M | $252.6M |
| Free cash margin | 4% | -0% | 2% | 13% | 18% | 13% |
| Cash | $521.9M | $360.3M | $373.0M | $500.3M | $404.1M | $613.5M |
| Long-term debt | $9.5B | $9.5B | $9.5B | $9.2B | $9.2B | $7.3B |
| Shareholders' equity | $355.0M | -$156.6M | -$1.5B | -$3.0B | -$3.5B | -$1.0B |
| Shares outstanding | 200.10m | 204.57m | 208.37m | 212.11m | 215.89m | 223.26m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| Apr 30, 2026 | Quarterly ↗ | Mar 31, 2026 | 30d |
| Feb 26, 2026 | Annual ↗ | Dec 31, 2025 | 57d |
| Oct 30, 2025 | Quarterly ↗ | Sep 30, 2025 | 30d |
| Aug 4, 2025 | Quarterly ↗ | Jun 30, 2025 | 35d |
| May 1, 2025 | Quarterly ↗ | Mar 31, 2025 | 31d |
| Feb 26, 2025 | Annual ↗ | Dec 31, 2024 | 57d |
| Nov 7, 2024 | Quarterly ↗ | Sep 30, 2024 | 38d |
| Aug 8, 2024 | Quarterly ↗ | Jun 30, 2024 | 39d |
| May 9, 2024 | Quarterly ↗ | Mar 31, 2024 | 39d |
| Feb 29, 2024 | Annual ↗ | Dec 31, 2023 | 60d |
| Nov 9, 2023 | Quarterly ↗ | Sep 30, 2023 | 40d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 14, 2026 | Other events ↗ |
| Aug 26, 2026 | Other events ↗ |
| Aug 6, 2026 | Results ↗ |
| Aug 6, 2026 | Director or officer change · Other events ↗ |
| Jul 8, 2026 | Acquisition or disposal ↗ |
| Jul 1, 2026 | Acquisition or disposal ↗ |
| May 8, 2026 | Shareholder vote ↗ |
| May 5, 2026 | Material agreement ↗ |
| Apr 30, 2026 | Results · Other events ↗ |
| Apr 30, 2026 | Regulation FD ↗ |
| Apr 8, 2026 | Material agreement · New obligation ↗ |
| Apr 8, 2026 | Results ↗ |