Recap: NetScout Systems Q4 Earnings

 

NetScout Systems NTCT reported its Q4 earnings results on Thursday, May 5, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

NetScout Systems beat estimated earnings by 38.1%, reporting an EPS of $0.29 versus an estimate of $0.21.

Revenue was down $22.20 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.27 which was followed by a 0.99% drop in the share price the next day.

Here's a look at NetScout Systems's past performance:

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.62 0.38 0.39 0.44
EPS Actual 0.89 0.47 0.20 0.49
Revenue Estimate 233.17M 206.33M 208.44M 215.09M
Revenue Actual 262.19M 211.92M 190.27M 213.39M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

NetScout Systems management provided guidance for FY 2023, expecting earnings between $1.97 and $2.03 per share.

To track all earnings releases for NetScout Systems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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