Vistance Networks, Inc.
VISNNasdaqTechnology · Radio & Tv Broadcasting & Communications Equipment · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.93B | $1.38B | $1.86B | $5.79B | $6.74B | $8.44B |
| Operating income | −$16.3M | −$128.0M | −$659.6M | −$935.3M | $196.6M | −$51.8M |
| Net income | $784.0M | −$333.7M | −$1.51B | −$1.29B | −$462.6M | −$573.4M |
| Total assets | $9.37B | $8.75B | $9.33B | $11.69B | $13.26B | $13.58B |
| Total liabilities | $9.10B | $10.98B | $11.20B | $12.13B | $12.36B | $12.18B |
| Equity | −$1.00B | −$3.46B | −$3.02B | −$1.55B | −$156.6M | $355.0M |
| EPS (diluted) | $9.63 | $-1.78 | $-7.44 | $-6.49 | $-2.55 | $-3.20 |
| Shares out. | 216.6M | 212.3M | 208.5M | 204.6M | 200.8M | 194.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −0.8%
- Net margin
- 40.6%
- Return on equity
- −78.1%
- Return on assets
- 8.4%
- Return on capital (ROCE)
- −0.2%
- Liabilities / assets
- 97.1%
- Debt / equity
- —
- Book value / share
- $-4.64
- Revenue growth (YoY)
- 39.7%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 1.83grey zone
- Accruals / assets
- 4.9%clean
- Beneish M-Score
- -1.99normal
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 3 warning● 3 good- Negative shareholder equity
- Operating losses (negative operating margin)
- High leverage (liabilities > 70% of assets)
- Altman Z″ in the grey zone
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Mar 27, 2026
- Carlyle Group Inc.Activist (13D)Aug 5, 2025
- First Trust Portfolios LpPassive (13G)Jul 16, 2025
- Fpr Partners LlcPassive (13G)May 14, 2025
- Blackrock, Inc.Passive (13G)Apr 23, 2025
- Barclays PlcPassive (13G)Mar 21, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 18.6M | 2.0 | +34.6% |
| Apr 30, 2026 | 13.8M | 1.5 | +44.2% |
| Apr 15, 2026 | 9.6M | 1.8 | -26.7% |
| Mar 31, 2026 | 13.1M | 3.3 | +13.4% |
| Mar 13, 2026 | 11.5M | 1.9 | -12.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 8, 2026
- Entered a material agreementMay 5, 2026
- Results of operations · Other material eventApr 30, 2026
- Regulation FD disclosureApr 30, 2026
- Entered a material agreement · New financial obligationApr 8, 2026
- Results of operationsApr 8, 2026
- Results of operationsFeb 26, 2026
- Terminated a material agreement · Completed an acquisition or disposition · Director / officer change · Amended charter or bylawsJan 15, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.