NetScout Systems Down 15% on Lower Guidance
NetScout Systems (NASDAQ: NTCT) is down 15% after announcing Q1 guidance that is lower than the analysts are expecting. The company now sees Q1 EPS of $0.11-0.13 vs. $0.20 estimate and revenue of $62-64M vs. $71.7M estimate.
NetScout designs, develops, manufactures, markets, sells and supports service delivery management and application and network performance management solutions for the Internet protocol IP-based service delivery environments.
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