WQN, Inc. (WQNI)

WQN, Inc. (WQNI) — VMCI valuation read

Across 120 indicators, WQN, Inc. (WQNI) lands at VMCI 53/100. The Communication Services sector median is 50, so the 3-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on WQNI in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, WQNI trades at 23.0x earnings, 28% above the Communication Services median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 13.0% sits 3.0pp above the Communication Services median (10.0%). On Risk, net debt to EBITDA of 2.9x is the rate-sensitivity line to watch for WQNI on the trailing balance sheet.

WQNI fell 3.9% over the trailing 7 days, with a -1.9% read on a 30-day basis.