secwatch.observer — SEC 8-K summary
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Issuer:     Vistance Networks, Inc. (VISN)
CIK:        0001517228
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-056224
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CommScope Q1 revenue down 30% YoY to $1.17B; GAAP loss $262M
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- Net sales $1,168.4M, down 29.8% vs. $1,664.4M in Q1 2023.
- GAAP loss from continuing ops $(262.1)M vs. income $29.8M; diluted EPS $(1.31).
- Non-GAAP adjusted EBITDA $153.0M, down 51.2% from $313.7M.
- Operating cash flow $(177.7)M; adjusted free cash flow $(154.1)M.
- Non-GAAP adjusted net loss per diluted share $(0.08) vs. income $0.34.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517228/000095017024056224/0000950170-24-056224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517228/000095017024056224/comm-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-056224

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