Vistance Networks (VISN) Q3 2026 earnings summary

Executive summary

• Q3 continuing-operations sales were $319.7M, down 5.4% YoY; adjusted EBITDA was $56.6M, up 128.2%, and adjusted EPS rose to $0.23 from $0.06.

• Memory-chip costs and customer deployment delays pressured near-term results, while long-term DOCSIS 4.0 upgrade demand remained on track.

• CCS and RUCKUS divestitures left Aurora as the sole reportable segment and reshaped capital allocation.

Financial highlights

• Q3 operating income was $22.9M versus an $11.5M loss YoY; continuing-operations income was $54.7M versus an $18.9M loss.

• Q3 net income was $1,030.6M, including $975.9M from discontinued operations.

• Q3 gross profit was $112.4M versus $120.4M; adjusted gross margin was 35.2% versus 35.6%.

Outlook and guidance

• FY 2026 adjusted EBITDA guidance was lowered to $180M–$200M, reflecting memory-chip pressures and customer demand shifted into 2027.

• Customer deployment timing and memory-chip pricing and availability were expected to create further incremental impact in Q4 2026.

• Inventory normalization was expected in H1 2027; timing-related demand was viewed as deferred, though 2027 projections remained too early to specify.