Recap: NetScout Systems Q4 Earnings

NetScout Systems NTCT reported its Q4 earnings results on Thursday, May 4, 2023 at 07:30 AM.

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

Earnings

NetScout Systems beat estimated earnings by 35.71%, reporting an EPS of $0.38 versus an estimate of $0.28.

Revenue was up $16.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.32 which was followed by a 11.62% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.68 0.49 0.22 0.21
EPS Actual 1 0.57 0.24 0.29
Revenue Estimate 239.86M 222.95M 204.77M 188.76M
Revenue Actual 269.54M 228.08M 208.81M 191.19M

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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