{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-056128","form_type":"8-K","ticker":"VISN","cik":"0001517228","company_name":"Vistance Networks, Inc.","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.337864+00:00","generated_at":"2026-06-09T05:54:05.086692+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"CommScope prelim Q3 net loss $829M on $895M impairment; cuts FY Core adj. EBITDA guide to $1.00-1.05B","bullets":["Preliminary Q3 consolidated net sales $1.60B; Core net sales $1.35B (ex-Home).","GAAP net loss $829M includes $895M non-cash impairments in Home and ANS segments.","Core adjusted EBITDA $246M; FY 2023 Core guide lowered to $1.00-$1.05B.","Demand weak across CCS, OWN, and ANS due to customer inventory digestion and slower spending.","CEO expects softer demand into H1 2024; cost actions position for recovery when demand returns."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-056128","json":"https://secwatch.observer/filing/0000950170-23-056128.json","markdown":"https://secwatch.observer/filing/0000950170-23-056128.md","text":"https://secwatch.observer/filing/0000950170-23-056128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517228/000095017023056128/0000950170-23-056128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517228/000095017023056128/comm-20231030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T05:54:05.086692+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":"5807b1fb4ac579c2a14f31c62493234e45e4c4db","claim":"Vistance Networks, Inc. reported the third quarter of 2023 results: revenue approximately $1.60 billion, net income approximately $829 million. Guidance lowered.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 CommScope Announces Preliminary Third Quarter 2023 Results Preliminary Third Quarter Results • Consolidated net sales of $1.60 billion • Core net sales of $1.35 billion* • GAAP net loss of $829 million, which includes non-cash asset impairments of $895 million • Core adjusted EBITDA of $246 million* * References","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517228/000095017023056128/0000950170-23-056128-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Revenue","value":"approximately $1.60 billion"},{"label":"Net income","value":"approximately $829 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}