VISN Q1 2024 Earnings — Vistance Networks, Inc. Revenue & Financial Results | Market Cap Arena

VISNVistance Networks, Inc.

$4B

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$901M-45.9% YoY

Gross Profit

$226M25.1% margin

Operating Income

-$27M-3.0% margin

Net Income

-$312M-34.6% margin

EPS (Diluted)

$-1.65

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

-$178M

Free Cash Flow

-$184M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$10.8B

Stockholders' Equity

-$2.2B

Cash & Equivalents

$357M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$901M	$1.7B	-45.9%
Gross Profit	$226M	$530M	-57.3%
Operating Income	-$27M	$172M	-115.8%
Net Income	-$312M	$3M	-9270.6%