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

NetScout Systems

05/05/2022 14:33

* Netscout Systems Inc  NTCT.OQ  reported quarterly adjusted
earnings of 29 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue fell 10.4% to $191.19 million from a year ago; 
analysts
expected $188.76 million. 
    * Netscout Systems Inc's reported EPS for the quarter was a
loss
of 10 cents​.
    * The mean earnings estimate of analysts was unchanged 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 2.6% this
quarter and
lost 5.6% so far this year.
    * The company reported a quarterly loss of $7.31 million.
    * Wall Street's median 12-month price target for Netscout
Systems
Inc is $35.00 
    * 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 May 5 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated