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

NetScout Systems

04/05/2023 14:32

* Netscout Systems Inc  NTCT.OQ  reported quarterly adjusted
earnings of 38 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 28 cents per share.
    * Revenue rose 8.8% to $208.09 million from a year ago;
analysts
expected $203.12 million. 
    * Netscout Systems Inc's reported EPS for the quarter was a
loss
of 5 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 9.1% this
quarter and
lost 19.9% so far this year.
    * The company reported a quarterly loss of $3.22 million.
    * Wall Street's median 12-month price target for Netscout
Systems
Inc is $36.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.28           0.38           Beat
 Dec. 31 2022      0.68           1.00           Beat
 Sep. 30 2022      0.49           0.57           Beat
 Jun. 30 2022      0.22           0.24           Beat