VISNNasdaqRadio & Tv Broadcasting & Communications EquipmentUS GAAP · USD

Vistance Networks, Inc.

Vistance Networks, Inc. is a U.S.-based provider of communications infrastructure equipment and related services, with operations organized around its Aurora and RUCKUS segments. Its products and solutions support cable, telephone, satellite, enterprise, and media networks that deliver broadband, video, voice, IP data, and Wi‑Fi connectivity.

Liikevaihto1 932milj. USD
−54,1 %v/v
Liikevoitto (EBIT)47,6milj. USD
−81,4 %v/v
EBIT-marginaali2,5%
−3,6 %-yks.v/v
Nettotulos2 284milj. USD
+823,8 %v/v
Vapaa kassavirta253milj. USD
+1,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2 50002 5005 0007 50010 000milj. USD2020: 8 436 milj. USD2020: EBIT −52 milj. USD20202021: 6 737 milj. USD2021: EBIT 49 milj. USD20212022: 9 228 milj. USD2022: EBIT −935 milj. USD20222023: 5 789 milj. USD2023: EBIT −660 milj. USD20232024: 4 206 milj. USD2024: EBIT 257 milj. USD20242025: 1 932 milj. USD2025: EBIT 48 milj. USD20251 93248
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Aurora network infrastructure55 %

Cable television, broadband access, and wireline access equipment sold to service providers.

RUCKUS enterprise networking35 %

Wi‑Fi and networking products for enterprise and venue environments.

Services and integration5 %

Technical support, systems design, and integration services tied to deployments.

Licensing and other5 %

Software licensing and other ancillary revenue streams.

Asiakkaat

The company sells primarily to telecommunications operators, cable television providers, satellite operators, data center managers, and enterprise customers. A large share of sales flows through distributors, system integrators, value-added resellers, and other channel partners, while some products are sold directly to end customers or managed service providers.

Wireline service providers

Telephone and cable operators buying access network and delivery equipment for subscriber networks.

Enterprise networking customers

Businesses, campuses, venues, and hospitality sites buying RUCKUS Wi‑Fi and networking gear.

Cable television and MSOs

Multisystem operators buying video distribution and broadband infrastructure.

Channel partners and distributors

Resellers, system integrators, and value-added resellers that place and support products.

Managed service providers

MSPs and service providers that deploy broadband and enterprise connectivity solutions.

Strategia

The company’s strategy centers on profitable growth, operational efficiency, and portfolio optimization under its transformation program. It also emphasizes flexible manufacturing, broad supplier relationships, and pricing discipline to support competitiveness across its communications and enterprise networking businesses.

Profitable growth in core networking platformsKeskipitkä aikaväli

Core access and enterprise networking products are the main engines of scale and customer relationships.

Operational efficiency and simplificationLyhyt aikaväli

A leaner operating model supports competitiveness in a fast-moving hardware market.

Portfolio optimizationKeskipitkä aikaväli

Focusing on higher-value products and pruning non-core assets can improve strategic focus.

Supply chain and tariff resilienceLyhyt aikaväli

Global sourcing and manufacturing exposure make cost and delivery management important.

Maantiede

Q1/2026

The business is global, with customers in more than 70 countries and sales and support presence across North America, Europe, Latin America, Asia, and other regions. In 2025, the U.S. accounted for the majority of net sales, while EMEA, APAC, Canada, and CALA provided the remaining international exposure.

USA72 %
EMEA16 %
Asia Pacific9,4 %
Kanada3,2 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business depends on customer capital spending, technology cycles, and a concentrated set of large accounts and channel partners, so demand can move sharply with carrier and enterprise budgets. It also faces cybersecurity, product performance, supply chain, and international execution risks, while ongoing restructuring and portfolio changes can create operational disruption and accounting complexity.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Capital spending cyclicality1Customer concentration2Cybersecurity and IT disruption3Technology and product obsolescence4International and tariff exposure5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Capital spending cyclicalityVaikutus: KorkeaTodennäköisyys: Korkea

    Demand depends on carrier, cable, and enterprise network investment cycles.

    KohdistuuBroadbandVideoEnterprise infrastructure purchases
  2. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A limited number of large customers and channel partners account for a meaningful share of sales.

    Kohdistuu: Top customer was about 35% of consolidated net sales in 2025

  3. Cybersecurity and IT disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Operations rely on internal and third-party systems that store sensitive data and IP.

    KohdistuuManufacturingCustomer dataProduct IP
  4. Technology and product obsolescenceVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Networking markets change quickly and require continuous product refreshes.

    KohdistuuWirelessBroadbandVideo platforms
  5. International and tariff exposureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Global operations expose the company to FX, trade policy, and geopolitical risk.

    Kohdistuu: Manufacturing and sales across multiple regions

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition under ASC 606

Most sales are recognized when products ship, but bundled contracts require judgment on performance obligations and allocation.

Vaikutus: Affects timing of revenue and margin recognition

Bundled product/software/service arrangements

Some contracts include hardware, proprietary software, and services that must be separated or combined appropriately.

Vaikutus: Can shift revenue between periods and categories

Goodwill and intangible impairment

Reporting units and definite-lived assets are tested when conditions change or annually for goodwill.

Vaikutus: May create large non-cash charges if fair values decline

Restructuring and transformation costs

Ongoing organizational changes generate charges that can be material and affect comparability.

Vaikutus: Impacts operating income and cash flow presentation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026