Vistance Networks
Builds Aurora broadband-access, video and security infrastructure for cable and telecom operators.
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Profile
Sells Aurora Networks broadband-access, video, security and cloud infrastructure to cable and telecom operators. The portfolio supports both established hybrid fiber-coax networks and newer distributed and fiber architectures, while revenue depends on concentrated service-provider spending.
Supplies broadband-access and video-delivery infrastructure to cable, telephone and other facility-based service providers through the Aurora Networks business. The portfolio spans CMTS and CCAP platforms, distributed-access devices, optical nodes, passive optical networking, video processing and delivery, public-key infrastructure, transmission equipment and cloud-based network tools.
Combines installed-base hardware with virtualized and fiber-access products, helping operators expand hybrid fiber-coax networks, move processing closer to subscribers or migrate toward PON while retaining existing assets. Most sales come from U.S. customers, with additional business across Europe, Asia-Pacific, Canada and Latin America.
After completing the RUCKUS sale, continuing operations center on Aurora. Results depend on service-provider capital spending and a concentrated customer base, while delivery relies on component availability and a limited group of suppliers and contract manufacturers.
Company facts
Key statistics
Year to date −66.8% · Average volume (30d) 8.7M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Target |
|---|---|---|---|---|---|
| May 1, 2026 | Northland Securities | Target | $17 | ||
| Aug 7, 2025 | B of A Securities | Upgrade | Underperform | Buy | |
| Aug 5, 2025 | Morgan Stanley | Upgrade | Underweight | Equal Weight |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $0.25 | $0.12 | −52.5% | $443.9M | $319.6M | −28.0% | −18.22% |
| Apr 30, 2026Q1 FY26 | $0.22 | $0.34 | +54.5% | $461.9M | $471.8M | +2.1% | −6.80% |
| Feb 26, 2026Q4 FY25 | $0.46 | $0.17 | −63.0% | $1.55B | $514.5M | −66.7% | −1.40% |
| Oct 30, 2025Q3 FY25 | $0.37 | $0.39 | +6.7% | $1.40B | $1.63B | +16.8% | +2.73% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.11B | $1.39B | $1.63B | $514.5M | $471.8M | $319.6M | |
| Gross profit | $414.6M | $540.1M | $616.1M | $200.2M | $199.6M | $112.9M | |
| Operating income | $152.2M | $248.8M | $314.1M | $9.8M | $42.9M | −$1.0M | |
| Net income | −$85.7M | $32.4M | $108.6M | $1.36B | −$1.50B | $295.2M | |
| Diluted EPS | −$0.47 | $0.06 | $0.33 | $6.05 | −$6.67 | $1.21 | |
| Gross margin | 37.3% | 38.9% | 37.8% | 38.9% | 42.3% | 35.3% | |
| Operating margin | 13.7% | 17.9% | 19.3% | 1.9% | 9.1% | -0.3% |
Fiscal years (4-quarter sums)FY21 $8.59B · FY22 $8.84B · FY23 $5.23B · FY24 $4.21B · FY25 $4.64B
Balance sheet, Jun 30, 2026Cash & short-term investments $113.6M · Total debt $39.4M · Total assets $3.50B · Shareholders' equity $2.51B
Dividends
To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 28, 2026 | Aug 17 | $5.00 | ||
| Apr 28, 2026 | Apr 17 | $10.00 | special dividend |
Ownership
Shares outstanding 225.57M · Float 214.88M · 95.3% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Charles L. Treadway · director, officer: President and CEO | 6.15M | 2.72% | Form 4 | Feb 26, 2026 |
| Kyle David Lorentzen · officer: EVP & CFO | 2.06M | 0.91% | Form 4 | Feb 26, 2026 |
| Claudius E. IV Watts · director | 1.35M | 0.60% | Form 4 | Jun 3, 2026 |
| Guy Sucharczuk · officer: SVP & Pres., Aurora Networks | 693.8K | 0.31% | Form 4 | Feb 26, 2026 |
| Bartolomeo Giordano · officer: SVP & Pres., RUCKUS Networks | 548.6K | 0.24% | Form 4 | Feb 26, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 10, 2026 | Charles A. Gilstrap | officer: SVP, Treasury, Tax & CAO | +10,000 | $10.75 |
Peers
- Harmonic
Direct Aurora challenger in virtualized broadband access.
- Cisco Systems
Broad overlap in RUCKUS Wi-Fi/switching and cable CCAP.
- Hewlett Packard Enterprise
Aruba and Mist contest RUCKUS wireless, switching, and AIOps.
- Extreme Networks
Cloud networking peer across WLAN, switching, and venues.
- Ubiquiti
Lower-cost UniFi overlaps in Wi-Fi, switching, and gateways.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Vistance Networks | $6.15 | +1.49% | $1.37B | 6.6 | 8.7 | 0.5 | −77.0% |
| Harmonic | $12.02 | +0.07% | $1.30B | — | 17.7 | 2.6 | −3.3% |
| Cisco Systems | $109.95 | +0.01% | $433.28B | 33.0 | 21.4 | 6.8 | +17.6% |
| Hewlett Packard Enterprise | $52.56 | +0.50% | $69.26B | 49.8 | 13.4 | 1.8 | +40.0% |
| Extreme Networks | $22.50 | −0.37% | $2.95B | 73.1 | 17.2 | 2.3 | +10.3% |
| Ubiquiti | $599.00 | −0.13% | $36.27B | 37.8 | 33.9 | 11.1 | +23.5% |
| Median | 43.8 | 17.7 | 2.6 | +17.6% |