Overview
Netscout fiscal Q2 revenue rises to $219 mln, exceeding expectations
Adjusted net income for Q2 beats analyst expectations
Company raises FY26 revenue and EPS outlook
Outlook
Company raises FY26 revenue outlook to $830 mln-$870 mln
Netscout increases FY26 GAAP EPS forecast to $1.13-$1.23
Non-GAAP EPS for FY26 now seen at $2.35-$2.45
Result Drivers
CYBERSECURITY AND SERVICE ASSURANCE - Revenue growth driven by these product lines, per CEO Anil Singhal
ACCELERATED ORDERS - Some orders expected later in the fiscal year were fulfilled in Q2, boosting results
CUSTOMER ENGAGEMENT - Strong feedback and engagement at recent summit showcasing latest solutions
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted Net Income
Beat
$45.10 mln
$32.48 mln (3 Analysts)
Q2 Net Income
$25.80 mln
Q2 Adjusted Operating Margin
26.50%
Q2 Operating Margin
14.80%
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for Netscout Systems Inc is $30.14, about 9.4% above its November 5 closing price of $27.31
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nBw9rztbSa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)