Netscout Systems Inc reports results for the quarter ended in December - Earnings Summary

NetScout Systems

27/01/2022 14:31

* Netscout Systems Inc  NTCT.OQ  reported quarterly adjusted
earnings of 89 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 62 cents per share.
    * Revenue rose 14.6% to $262.19 million from a year ago; 
analysts
expected $233.17 million. 
    * Netscout Systems Inc's reported EPS for the quarter was 64
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Netscout Systems Inc shares had fallen by 11.3% this
quarter.
    * The company reported quarterly net income of $47.73
million.
    * Wall Street's median 12-month price target for Netscout
Systems
Inc is $34.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated January 27 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated