Vistance Networks misses second quarter revenue with $319.6M and cuts full-year 2026 EBITDA guidance.

Vistance Networks reported second quarter 2026 revenue of $319.6 million, down 1.4% year-over-year, and non-GAAP EPS of $0.12. Both figures significantly missed analyst expectations. Following the results, the company lowered its full-year 2026 adjusted EBITDA guidance, citing challenges with memory chip pricing and tough prior-year comparisons.

Key Highlights

• Second quarter revenue of $319.6 million missed the consensus estimate of $443.88 million, declining 1.4% from the prior year.
• Non-GAAP adjusted EPS of $0.12 fell short of the $0.25 estimate. GAAP EPS from continuing operations was $0.06, an improvement from a loss of $0.05 a year ago.
• Vistance cut its full-year adjusted EBITDA guidance to a range of $200 million to $225 million, a $25 million reduction from its first quarter forecast, attributing the change to memory chip pricing and availability issues.
• The company announced plans for a special distribution of $5.00 per share to be paid by the end of August 2026, part of its plan to return capital to shareholders following recent divestitures.