CommScope Holding Company, Q3 2026 Earnings Call Transcript

Vistance Networks’ third-quarter sales fell 5% year over year to $320 million, while adjusted EBITDA rose 5% to $57 million. The company lowered its 2026 adjusted EBITDA outlook to $180–$200 million as memory-chip costs and availability weigh on results and large customers delay amplifier orders while managing inventory and deployment schedules. Management expects memory prices to keep rising gradually for several quarters, but says the delays reflect timing rather than a loss of demand; it is too early to provide a specific 2027 outlook.

The company remains confident in long-term demand as cable operators upgrade networks, including through DOCSIS 4.0, and plans to develop its PON and PKI security businesses. DOCSIS 4.0 orders and deployments are progressing, though customer concentration may drive near-term variability. Vistance returned about $4 billion to shareholders in 2026 through distributions and buybacks, has no outstanding debt, and expects year-end cash of $275–$300 million after its latest distribution.