Vistance Networks Shares Fall After Q2 Results

MT Newswires Live
Aug 07

Vistance Networks (VISN) shares were down over 17% in Thursday afternoon trading following its Q2 results.

Earlier, the company reported a Q2 adjusted net income of $0.12 per diluted share, down from $0.13 a year earlier.

Three analysts polled by FactSet expected $0.25.

Net sales for the quarter ended June 30 were $319.6 million, down from $324.1 million a year earlier.

Three analysts expected $443.9 million.

Price: 10.23, Change: -2.13, Percent Change: -17.21

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