VISN Q1 2023 Earnings — Vistance Networks, Inc. Revenue & Financial Results | Market Cap Arena

VISNVistance Networks, Inc.

$4B

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$1.7B-25.3% YoY

Gross Profit

$530M31.8% margin

Operating Income

$172M10.4% margin

Net Income

$3M0.2% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-13.6%

Cash Flow

Operating Cash Flow

-$46M

Free Cash Flow

-$61M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$11.3B

Total Liabilities

$11.8B

Stockholders' Equity

-$415M

Cash & Equivalents

$327M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$2.2B	-25.3%
Gross Profit	$530M	$497M	+6.6%
Operating Income	$172M	$56M	+209.3%
Net Income	$3M	-$140M	+102.4%