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

NetScout Systems

27/07/2023 15:16

* Netscout Systems Inc  NTCT.OQ  reported quarterly adjusted
earnings of 31 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 30 cents per share.
    * Revenue rose 1.1% to $211.14 million from a year ago;
analysts
expected $207.94 million. 
    * Netscout Systems Inc's reported EPS for the quarter was a
loss
of 6 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.2%
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 4.9% this
quarter and
lost 9.5% so far this year.
    * The company reported a quarterly loss of $4.2 million.
    * Wall Street's median 12-month price target for Netscout
Systems
Inc is $34.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.30           0.31           Beat
 Mar. 31 2023      0.28           0.38           Beat
 Dec. 31 2022      0.68           1.00           Beat
 Sep. 30 2022      0.49           0.57           Beat