{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-037553","form_type":"8-K","ticker":"VISN","cik":"0001517228","company_name":"Vistance Networks, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.168550+00:00","generated_at":"2026-06-12T08:00:48.021552+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CommScope Q2 net sales down 16.6% YoY; GAAP net loss $100.4M; adjusted EPS $0.19","bullets":["Net sales $1.918B, down 16.6% YoY; GAAP net loss $100.4M vs. $61M loss a year ago; GAAP EPS loss $0.55.","Non-GAAP adjusted EBITDA $259.5M, down 13.4% YoY; adjusted diluted EPS $0.19, down 53.7% from $0.41.","Core net sales (excl. Home segment) $1.589B, down 15.3%; core adjusted EBITDA $262.5M, down 8.5%.","Cash flow from operations $136.8M; non-GAAP adjusted free cash flow $148.8M.","John R. Carlson reassigned from CCO to lead CCS Enterprise Business Unit, no longer executive officer."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-037553","json":"https://secwatch.observer/filing/0000950170-23-037553.json","markdown":"https://secwatch.observer/filing/0000950170-23-037553.md","text":"https://secwatch.observer/filing/0000950170-23-037553.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517228/000095017023037553/0000950170-23-037553-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517228/000095017023037553/comm-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:00:48.021552+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aa81d751ea63506437ac89571b5bd2e7eabf0714","claim":"Vistance Networks, Inc. reported the second quarter of 2023 results: revenue Net sales of $1.918 billion, net income GAAP net loss of $100.4 million.","evidence_excerpt":"by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 CommScope Reports Second Quarter 2023 Results Second Quarter Highlights • Net sales of $1.918 billion • Core net sales of $1.589 billion* • GAAP net loss of $100.4 million • Non-GAAP adjusted EBITDA of $259.5 million • Core adjusted EBITDA of $262.5 million* • Cash flow generated","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517228/000095017023037553/0000950170-23-037553-index.htm","confidence":0.6,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of 2023"},{"label":"Revenue","value":"Net sales of $1.918 billion"},{"label":"Net income","value":"GAAP net loss of $100.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"69c527d41c","claim":"John R. Carlson changed role as Senior Vice President and Chief Commercial Officer at Vistance Networks, Inc..","evidence_excerpt":"On August 2, 2023, the Board of Directors of the Company determined to reassign John R. Carlson from his duties as the Company’s Senior Vice President and Chief Commercial Officer to focus on the Connectivity and Cable Solutions (CCS) segment as the Senior Vice President, CCS Enterprise Business Unit & CCO.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517228/000095017023037553/0000950170-23-037553-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"reassigned"},{"label":"Role","value":"Senior Vice President and Chief Commercial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}