secwatch.observer — SEC 8-K summary
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Issuer:     Vistance Networks, Inc. (VISN)
CIK:        0001517228
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000950170-23-017446
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CommScope Q1 net sales $2.0B (-10% YoY); adjusted EBITDA $312M (+23% YoY)
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- Net sales $2.0015B, down 10% YoY; GAAP net loss attributable to common stockholders $11.7M vs loss $139.9M YoY.
- Non-GAAP adjusted EBITDA $312M, up 23% from $253M in Q1 2022.
- Core net sales (excl. Home segment) $1.664B, down 4% YoY; Core adjusted EBITDA $315.3M, up 37%.
- GAAP diluted EPS loss $0.06 vs loss $0.75; non-GAAP adjusted EPS $0.35 vs $0.26.
- Cash used in operations $46.1M; adjusted free cash flow negative $39.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517228/000095017023017446/0000950170-23-017446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517228/000095017023017446/comm-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017446

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer