Brief: Netscout Reports Q2 Non-GAAP Earnings Per Share $0.28

NetScout Systems

31/10/2019 11:46

Oct 31 (Reuters) - Netscout Systems Inc  NTCT.O :
    * NETSCOUT REPORTS SECOND QUARTER FISCAL YEAR 2020 FINANCIAL
RESULTS
    * SEES FY 2020 GAAP EARNINGS PER SHARE $0.05 TO $0.10
    * Q2 NON-GAAP EARNINGS PER SHARE $0.28
    * Q2 GAAP LOSS PER SHARE $0.23
    * Q2 EARNINGS PER SHARE ESTIMATE $0.25 -- REFINITIV IBES
DATA
    * SEES FY 2020 NON-GAAP EARNINGS PER SHARE $1.45 TO $1.50
    * RE-AFFIRMING NON-GAAP REVENUE GUIDANCE RANGE OF $895
MILLION TO
$915 MILLION FOR FISCAL YEAR 2020
    * SEES NON-GAAP EPS OF $1.45 TO $1.50 FOR FISCAL YEAR 2020
    * FY2020 EARNINGS PER SHARE VIEW $1.41 -- REFINITIV IBES
DATA
    * FY2020 REVENUE VIEW $890.6 MILLION -- REFINITIV IBES DATA
    * QTRLY TOTAL REVENUE (GAAP) $216.4 MILLION, COMPARED WITH
$223.8
MILLION
    * SEES FISCAL YEAR 2020 ORGANIC REVENUE GROWTH IN LOW SINGLE
DIGIT
RANGE
    * Q2 REVENUE VIEW $207.3 MILLION -- REFINITIV IBES DATA
    * NETSCOUT SYSTEMS -  LARGE ORDER IN SERVICE PROVIDER
SECTOR,
WHICH WAS DELAYED FROM LAST QUARTER & STRONG GOVERNMENT SPENDING
CONTRIBUTED TO QUARTER PERFORMANCE

Source text for Eikon:  ID:nBw5fsRMGa 
Further company coverage:  NTCT.O 

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