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

NetScout Systems

29/07/2021 20:27

* Netscout Systems Inc  NTCT.OQ  reported quarterly adjusted
earnings of 20 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 20 cents per share.
* Revenue rose 3.5% to $190.27 million from a year ago; 
analysts expected $186.23 million. 
* Netscout Systems Inc's reported EPS for the quarter was a loss
of 15 cents​.
* The mean earnings estimate of analysts had fallen by
about 15.6% 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 risen by 1.5% this quarter and
gained 5.7% so far this year.
* The company reported a quarterly loss of $11.34 million.
* Wall Street's median 12-month price target for Netscout
Systems Inc is $29.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 07:27 p.m.  ​All
figures in US dollars unless otherwise stated