Mergers & Acquisitions ·
Vistance Networks, Inc. reported second quarter 2026 financial results and announced the completion of its RUCKUS…
VISNVistance Networks, Inc.
Vistance Networks, Inc. reported second quarter 2026 financial results and announced the completion of its RUCKUS segment sale to Belden Inc. on July 1, 2026, for approximately $1.846 billion in cash. The company declared a special distribution of $5.00 per share to be paid by the end of August 2026. For the quarter ended June 30, 2026, net sales decreased 1.4% year-over-year to $319.6 million, while GAAP income from continuing operations increased to $26.1 million ($0.06 per diluted share) compared to $5.9 million in the prior year period. Core non-GAAP adjusted EBITDA declined 43.3% to $45.5 million due to memory chip pricing challenges and stranded costs associated with divestitures. The company expects full-year adjusted EBITDA of $200 to $225 million, down $25 million from previous guidance. Vistance Networks operates in the communications technology industry, providing intelligent network solutions.