VISN Q2 2023 Earnings — Vistance Networks, Inc. Revenue & Financial Results | Market Cap Arena

VISNVistance Networks, Inc.

$4B

Q2 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$1.6B-30.9% YoY

Gross Profit

$493M31.0% margin

Operating Income

$138M8.7% margin

Net Income

-$100M-6.3% margin

EPS (Diluted)

$-0.55

QoQ Revenue Growth

-4.5%

Cash Flow

Operating Cash Flow

$137M

Free Cash Flow

$116M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.2B

Total Liabilities

$11.7B

Stockholders' Equity

-$485M

Cash & Equivalents

$418M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$2.3B	-30.9%
Gross Profit	$493M	$545M	-9.6%
Operating Income	$138M	$118M	+17.1%
Net Income	-$100M	-$61M	-64.6%