Vistance Networks, Inc. (VISN) experienced a significant pre-market surge of 29.69% following the release of its first-quarter 2026 financial results and the announcement of a major strategic transaction.

The intelligent network solutions provider reported Q1 net sales of $471.8 million, representing a 22% year-over-year increase and beating analyst estimates. The company's adjusted EPS of $0.34 also exceeded consensus expectations, while adjusted EBITDA climbed 85% to $87.3 million.

Concurrently, Vistance Networks announced it has entered into a definitive agreement to sell its RUCKUS Networks business to Belden Inc. for approximately $1.85 billion in cash. The company expects net proceeds after taxes and transaction expenses to be about $1.7 billion, with plans to distribute a significant portion to shareholders as a special distribution within 60 days following the closing of the transaction. Additionally, the company's board authorized a share repurchase program of up to $100 million.