Short interest for NetScout Systems gives investors a sense of the degree to which investors are betting on the decline of NetScout Systems's stock. Short interest data is updated every two weeks.

NetScout Systems Stock (NASDAQ:NTCT), Short Interest Report

NetScout Systems

NetScout Systems Inc is a provider of service assurance and cybersecurity solutions to enterprise and government networks. It bases its solutions on proprietary adaptive service intelligence technology, which helps customers monitor and identify performance issues and provides insight into network-based security threats. These solutions also deliver real-time and historical information, which provides insight to restore service and understand the quality of user experience. The company derives revenue primarily from the sale of network management tools and security solutions. Its geographical regions include USA, Europe, Asia, and Rest of the World.

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	SciSparc Ltd.  (NASDAQ: SPRC) shares climbed 146.2% to $6.97. Aegis Capital Corp. acted as exclusive placement agent on a $5.0 million private placement for SciSparc.


Why ServisFirst Bancshares Shares Are Trading Lower By 6%? Here Are Other Stocks Moving In Tuesday&#39;s Mid-Day Session

NetScout Systems Inc

Guidance

NETSCOUT Expects FY25 Revenue Of $800M-$830M (Est $839.74M), Adj EPS Of $2.10-$2.30 (Est $2.13)

NetScout Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.53 by 3.77 percent. This is a 44.74 percent increase over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $203.443 million which missed the analyst consensus estimate of $214.921 million by 5.34 percent. This is a 2.23 percent decrease over sales of $208.093 million the same period last year.

Earnings Beats

Earnings Misses

NetScout Systems Q4 2024 Adj EPS $0.55 Beats $0.53 Estimate, Sales $203.443M Miss $214.921M Estimate

Non-GAAP net income per share (diluted) is now expected to be in the range of $2.15 to $2.20, at the higher end of the previously disclosed range of $2.00 to $2.20.

NetScout Sees FY24 Adj. EPS $2.15-$2.20 Vs $2.10 Estimate

NetScout Sees FY24 Revenue ~$840M Vs Prior Range Of $840M-$860M, $842.92M Estimate

NetScout Systems Q3 2024 Adj EPS $0.73 May Not Compare To $0.37 Estimate, Sales $218.10 Miss $198.38M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) is projected to report quarterly earnings at $0.15 per share on revenue of $7.05 billion.
&bull; Popular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPOP#NASDAQ">BPOP</a>) is likely to report quarterly earnings at $1.61 per share on revenue of $538.72 million.
&bull; Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) is estimated to report quarterly earnings at $0.85 per share on revenue of $657.10 million.
&bull; Berkshire Hills Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHLB#NYSE">BHLB</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $94.52 million.
&bull; NetScout Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>) is projected to report quarterly earnings at $0.37 per share on revenue of $198.38 million.
&bull; NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $5.70 billion.
&bull; Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $286.54 million.
&bull; Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) is estimated to report quarterly earnings at $0.96 per share on revenue of $2.57 billion.
&bull; Global X Guru Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GURU#NYSE">GURU</a>) is estimated to report earnings for its fourth quarter.
&bull; Bread Finl Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFH#NYSE">BFH</a>) is projected to report quarterly loss at $0.84 per share on revenue of $988.92 million.
&bull; MarineMax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HZO#NYSE">HZO</a>) is projected to report quarterly earnings at $0.50 per share on revenue of $521.28 million.
&bull; Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $6.74 billion.
&bull; CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) is estimated to report quarterly earnings at $0.29 per share on revenue of $400.13 million.
&bull; Humana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) is expected to report quarterly earnings at $1.82 per share on revenue of $25.39 billion.
&bull; Valero Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>) is expected to report quarterly earnings at $2.95 per share on revenue of $35.69 billion.
&bull; McCormick &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>) is estimated to report quarterly earnings at $0.79 per share on revenue of $1.79 billion.
&bull; Murphy Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUR#NYSE">MUR</a>) is likely to report quarterly earnings at $1.00 per share on revenue of $855.99 million.
&bull; Banc of California (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BANC#NYSE">BANC</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $170.60 million.
&bull; STMicroelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $4.31 billion.
&bull; Lakeland Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBAI#NASDAQ">LBAI</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $73.80 million.
&bull; Heritage Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HFWA#NASDAQ">HFWA</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $62.03 million.
&bull; Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) is likely to report quarterly earnings at $2.57 per share on revenue of $6.05 billion.
&bull; S&amp;T Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBA#NASDAQ">STBA</a>) is likely to report quarterly earnings at $0.86 per share on revenue of $99.77 million.
&bull; LSI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) is expected to report quarterly earnings at $0.17 per share on revenue of $114.67 million.
&bull; Comcast (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) is likely to report quarterly earnings at $0.79 per share on revenue of $30.50 billion.
&bull; Northrop Grumman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) is likely to report quarterly earnings at $5.80 per share on revenue of $10.44 billion.
&bull; Mobileye Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $639.80 million.
&bull; Dow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $10.37 billion.
&bull; Xerox Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $1.79 billion.
&bull; Old Republic Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORI#NYSE">ORI</a>) is projected to report quarterly earnings at $0.71 per share on revenue of $1.97 billion.
&bull; OSI Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSIS#NASDAQ">OSIS</a>) is projected to report quarterly earnings at $1.74 per share on revenue of $362.55 million.
&bull; Sherwin-Williams (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) is likely to report quarterly earnings at $1.80 per share on revenue of $5.22 billion.
&bull; Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) is expected to report quarterly earnings at $1.63 per share on revenue of $5.54 billion.
&bull; TAL Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAL#NYSE">TAL</a>) is projected to report quarterly earnings at $0.02 per share on revenue of $331.17 million.
&bull; Valley Ntl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NASDAQ">VLY</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $468.14 million.
&bull; Applied Industrial Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIT#NYSE">AIT</a>) is likely to report quarterly earnings at $2.11 per share on revenue of $1.06 billion.
&bull; American Airlines Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $13.02 billion.
&bull; NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) is expected to report quarterly earnings at $0.16 per share on revenue of $343.45 million.
&bull; Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) is estimated to report quarterly earnings at $0.18 per share on revenue of $2.55 billion.
&bull; ConnectOne Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNOB#NASDAQ">CNOB</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $63.03 million.
&bull; Amalgamated Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAL#NASDAQ">AMAL</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $71.39 million.
&bull; Eagle Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXP#NYSE">EXP</a>) is likely to report quarterly earnings at $3.55 per share on revenue of $536.57 million.
&bull; First Foundation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFWM#NYSE">FFWM</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $62.81 million.
&bull; RPC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RES#NYSE">RES</a>) is likely to report quarterly earnings at $0.18 per share on revenue of $370.73 million.
&bull; Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBCP#NASDAQ">IBCP</a>) is likely to report quarterly earnings at $0.70 per share on revenue of $40.11 million.
&bull; Xcel Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) is estimated to report quarterly earnings at $0.85 per share on revenue of $4.01 billion.
&bull; First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) is expected to report quarterly earnings at $0.87 per share on revenue of $165.48 million.
&bull; Lakeland Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKFN#NASDAQ">LKFN</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $59.98 million.
&bull; Marine Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPX#NYSE">MPX</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $54.78 million.
&bull; West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTBA#NASDAQ">WTBA</a>) is projected to report quarterly earnings at $0.31 per share on revenue of $18.82 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Western Alliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>) is projected to report quarterly earnings at $1.88 per share on revenue of $699.44 million.
&bull; Glacier Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBCI#NYSE">GBCI</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $167.16 million.
&bull; Federated Hermes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHI#NYSE">FHI</a>) is expected to report quarterly earnings at $0.83 per share on revenue of $396.98 million.
&bull; CVRx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVRX#NASDAQ">CVRX</a>) is expected to report quarterly loss at $0.54 per share on revenue of $11.14 million.
&bull; Fair Isaac (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>) is estimated to report quarterly earnings at $5.06 per share on revenue of $390.89 million.
&bull; Levi Strauss (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) is likely to report quarterly earnings at $0.43 per share on revenue of $1.66 billion.
&bull; Western Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) is estimated to report quarterly loss at $1.13 per share on revenue of $2.99 billion.
&bull; AppFolio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPF#NASDAQ">APPF</a>) is expected to report quarterly earnings at $0.72 per share on revenue of $162.71 million.
&bull; Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) is projected to report quarterly earnings at $2.34 per share on revenue of $8.54 billion.
&bull; L3Harris Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) is estimated to report quarterly earnings at $3.31 per share on revenue of $5.29 billion.
&bull; Marten Transport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRTN#NASDAQ">MRTN</a>) is projected to report quarterly earnings at $0.18 per share on revenue of $271.62 million.
&bull; Taro Pharmaceutical Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TARO#NYSE">TARO</a>) is projected to report quarterly earnings at $0.30 per share on revenue of $154.91 million.
&bull; First of Long Island (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLIC#NASDAQ">FLIC</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $23.21 million.
&bull; USCB Financial Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/USCB#NASDAQ">USCB</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $17.25 million.
&bull; Third Coast Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBX#NASDAQ">TCBX</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $38.13 million.
&bull; First Western Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYFW#NASDAQ">MYFW</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $23.83 million.
&bull; Byline Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BY#NYSE">BY</a>) is expected to report quarterly earnings at $0.67 per share on revenue of $101.40 million.
&bull; T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) is projected to report quarterly earnings at $1.90 per share on revenue of $19.64 billion.
&bull; KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) is projected to report quarterly earnings at $5.91 per share on revenue of $2.46 billion.
&bull; SouthState (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSB#NYSE">SSB</a>) is likely to report quarterly earnings at $1.54 per share on revenue of $417.72 million.
&bull; Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) is expected to report quarterly earnings at $0.45 per share on revenue of $15.16 billion.
&bull; Flushing Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $48.12 million.
&bull; Weyerhaeuser (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>) is estimated to report quarterly earnings at $0.17 per share on revenue of $1.86 billion.
&bull; First Financial Bancor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFBC#NASDAQ">FFBC</a>) is expected to report quarterly earnings at $0.61 per share on revenue of $207.32 million.
&bull; Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) is likely to report quarterly earnings at $1.85 per share on revenue of $2.36 billion.
&bull; Capital One Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) is likely to report quarterly earnings at $2.64 per share on revenue of $9.46 billion.
&bull; Financial Institutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FISI#NASDAQ">FISI</a>) is likely to report quarterly earnings at $0.71 per share on revenue of $40.32 million.
&bull; Ameris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABCB#NASDAQ">ABCB</a>) is projected to report quarterly earnings at $1.10 per share on revenue of $264.66 million.
&bull; Hilltop Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTH#NYSE">HTH</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $113.80 million.
&bull; MidWestOne Financial Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOFG#NASDAQ">MOFG</a>) is likely to report quarterly earnings at $0.49 per share on revenue of $34.02 million.
&bull; Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBBK#NASDAQ">TBBK</a>) is projected to report quarterly earnings at $0.95 per share on revenue of $90.65 million.
&bull; Customers Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUBI#NYSE">CUBI</a>) is likely to report quarterly earnings at $1.72 per share on revenue of $173.26 million.
&bull; WSFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSFS#NASDAQ">WSFS</a>) is expected to report quarterly earnings at $1.05 per share on revenue of $177.61 million.
&bull; Olin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLN#NYSE">OLN</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $1.52 billion.
&bull; Primis Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRST#NASDAQ">FRST</a>) is expected to report quarterly earnings at $0.28 per share on revenue of $27.05 million.
&bull; Provident Finl Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFS#NYSE">PFS</a>) is projected to report quarterly earnings at $0.41 per share on revenue of $94.12 million.
&bull; Seacoast Banking (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBCF#NASDAQ">SBCF</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $135.57 million.
&bull; GSI Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIT#NASDAQ">GSIT</a>) is expected to report earnings for its third quarter.
&bull; Associated Banc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASB#NYSE">ASB</a>) is projected to report quarterly earnings at $0.52 per share on revenue of $275.24 million.
&bull; Midland States Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSBI#NASDAQ">MSBI</a>) is expected to report quarterly earnings at $0.79 per share on revenue of $75.49 million.
&bull; SB Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBFG#NASDAQ">SBFG</a>) is expected to report quarterly earnings at $0.35 per share on revenue of $9.40 million.
&bull; Eastern Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBC#NASDAQ">EBC</a>) is likely to report quarterly earnings at $0.20 per share on revenue of $129.71 million.
&bull; BayFirst Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAFN#NASDAQ">BAFN</a>) is likely to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ABCB

AMAL

APPF

BAFN

BANC

BHLB

BPOP

CMCSA

CNOB

CUBI

CVRX

FFBC

FFIC

FFWM

FICO

FISI

FLIC

FRME

FRST

GBCI

GSIT

GURU

HFWA

IBCP

INTC

KLAC

LBAI

LEVI

LKFN

LYTS

MBLY

MOFG

MRTN

MSBI

MYFW

OSIS

SBCF

SBFG

STBA

TARO

TBBK

TCBX

TMUS

USCB

VIRT

WSFS

WTBA

Earnings Scheduled For January 25, 2024

NetScout Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>) is set to give its latest quarterly earnings report on Thursday, 2024-01-25. Here's what investors need to know before the announcement.
Analysts estimate that NetScout Systems will report an earnings per share (EPS) of $0.37. 
NetScout Systems bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
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).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.09, which was followed by a 0.37% drop in the share price the next day.
Here's a look at NetScout Systems's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.70</td>
<td>0.30</td>
<td>0.28</td>
<td>0.68</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.61</td>
<td>0.31</td>
<td>0.38</td>
<td>1</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.37%</td>
<td>-1.95%</td>
<td>5.0%</td>
<td>-11.62%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1706119309_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of NetScout Systems were trading at $21.89 as of January 23. Over the last 52-week period, shares are down 39.43%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTCT/earnings">To track all earnings releases for NetScout Systems visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

NetScout Systems Earnings Preview

John Downing, EVP at NetScout Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>), reported a large insider sell on November 14, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001078075/000095017023063764//Archives/edgar/data/1078075/000095017023063764/0000950170-23-063764-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that Downing sold 3,000 shares of NetScout Systems. The total transaction amounted to $60,630. 
NetScout Systems shares are trading down 0.0% at $21.12 at the time of this writing on Wednesday morning.
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<h3>The Importance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001078075">Check Out The Full List Of NetScout Systems's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

NetScout Systems Recent Insider Activity

NetScout Systems Sees FY24 Adj. EPS $2.00-$2.20, Down From Prior Range Of $2.20-$2.32

NetScout Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>) reported quarterly earnings of $0.61 per share which missed the analyst consensus estimate of $0.70 by 12.86 percent. This is a 7.02 percent increase over earnings of $0.57 per share from the same period last year. The company reported quarterly sales of $196.80 million which missed the analyst consensus estimate of $223.56 million by 11.97 percent. This is a 13.71 percent decrease over sales of $228.08 million the same period last year.

NetScout Systems Q2 Adj $0.61 Misses $0.70 Estimate, Sales $196.80M Miss $223.56M Estimate

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30.</a>
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>SEALSQ Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/laes#NASDAQ">LAES</a>)</h3>
<ul>
<li>SEALSQ announced nine-month 2023 unaudited revenue of $22.1 million, a 20.4% increase from the 9-month 2022 period. Carlos Moreira, CEO of SEALSQ, said, &ldquo;We are witnessing a robust and consistent customer demand for our semiconductors and Matter-related products, coupled with an upward trajectory in our market share.&rdquo; The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/LAES">52-week low of $1.22 </a>.</li>
<li>RSI Value: 24.93</li>
<li>LAES Price Action: Shares of SEALSQ gained 0.4% to close at $1.3950 on Monday.</li>
</ul>
<h3>Cerence Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crnc#NASDAQ">CRNC</a>)</h3>
<ul>
<li>Cerence filed patent infringement suit against Samsung. &quot;Cerence has full confidence in the strength of its patent portfolio and plans to vigorously defend its intellectual property rights,&quot; said Jennifer Salinas, SVP &amp; General Counsel, Cerence. &quot;This lawsuit against Samsung is necessary to protect significant R&amp;D and other investments, as well as our deep heritage and culture of innovation. We remain committed to having our intellectual property rights respected and enforced.&quot; It <a href="https://www.benzinga.com/quote/CRNC"> has a 52-week low </a> of $12.82.</li>
<li>RSI Value: 27.78</li>
<li>CRNC Price Action: Shares of Cerence fell 1.8% to close at $16.49 on Monday.</li>
</ul>
<h3>NVE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvec#NASDAQ">NVEC</a>)</h3>
<ul>
<li>NVE reported a year-over-year decrease in second-quarter EPS and sales results. &ldquo;We are pleased to report solid earnings for the quarter and six months despite a decrease in defense-related product sales and a semiconductor industry downturn,&rdquo; said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D. The company&rsquo;s stock has a 52-week <a href="https://www.benzinga.com/quote/NVEC"> low of $59.37.</a></li>
<li>RSI Value: 28.82</li>
<li>NVEC Price Action: Shares of NVE fell 1.9% to close at $66.16 on Monday.</li>
</ul>
<h3>Verint Systems Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrnt#NASDAQ">VRNT</a>)</h3>
<ul>
<li>Verint Systems reported weaker-than-expected second-quarter results. Grant Highlander, Verint CFO, said, &quot;We are pleased to report that the $11 million of New SaaS ACV deals that slipped from Q1 were all booked in Q2.&quot; The company&rsquo;s 52-week low is $19.70.</li>
<li>RSI Value: 26.51</li>
<li>VRNT Price Action: Shares of Verint fell 2.1% to close at $19.75 on Monday.</li>
</ul>
<h3>NetScout Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntct#NASDAQ">NTCT</a>)</h3>
<ul>
<li>The company sees revenue (GAAP and non-GAAP) of $195 million-$197 million (vs. consensus of $223.56 million). &quot;Entering fiscal Q2, we were optimistic that our recently released solutions and our solid pipeline of opportunities would support growth through the balance of the year. However, we recently began to experience a slowing in demand flow-through as customers implemented higher spending scrutiny and delayed project funding,&quot; said Anil Singhal, President and Chief Executive Officer. The company <a href="https://www.benzinga.com/quote/NTCT"> has a 52-week low </a> of $21.15.</li>
<li>RSI Value: 26.90</li>
<li>NTCT Price Action: Shares of NetScout fell 2.1% to close at $21.91 on Monday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/10/35387029/investor-fear-eases-slightly-ahead-of-big-earnings"> Investor Fear Eases Slightly Ahead Of Big Earnings </a>

U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite falling around 50 points on Tuesday.
The Dow traded down 0.09% to 33,954.39 while the NASDAQ fell 0.37% to 13,517.59. The S&amp;P 500 also fell, dropping, 0.10% to 4,369.41.
Check This Out: <a href="https://www.benzinga.com/news/23/10/35284576/accenture-robinhood-and-2-other-stocks-insiders-are-selling"> Accenture, Robinhood And 2 Other Stocks Insiders Are Selling</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Materials shares climbed by 1% on Tuesday.
In trading on Tuesday, information technology shares fell by 0.4%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Bank of America Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bac#NYSE">BAC</a>) reported better-than-expected earnings for its third quarter on Tuesday.
The bank said EPS for the quarter was $0.90, compared to $0.81 in the year-ago period, beating the consensus of $0.81. Revenue increased 3% year-over-year to $25.32 billion, beating the consensus of $25.14 billion.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
SciSparc Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sprc#NASDAQ">SPRC</a>) shares shot up 122% to $6.28. Aegis Capital Corp. acted as exclusive placement agent on a $5.0 million private placement for SciSparc.
Shares of Assembly Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asmb#NASDAQ">ASMB</a>) got a boost, shooting 80% to $1.3101 after the company and Gilead announced they entered into a 12-year partnership to advance the research and development of novel antiviral therapies.
Olink Holding AB (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/olk#NASDAQ">OLK</a>) shares were also up, gaining 67% to $24.95 after Thermo Fisher Scientific announced it will acquire the company.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Evelo Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/evlo#NASDAQ">EVLO</a>) shares dropped 56% to $1.2694. Evelo Biosciences released top-line results from its Phase 2 clinical study with EDP2939 in moderate psoriasis.
Shares of NetScout Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntct#NASDAQ">NTCT</a>) were down 16% to $23.17 after the company reported weak preliminary results for the second quarter and lowered its FY24 guidance.
Monte Rosa Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/glue#NASDAQ">GLUE</a>) was down, falling 18% to $4.09 as the company announced interim data from the Phase 1 dose escalation part of its ongoing phase 1/2 study of MRT-2359 in patients with MYC-driven solid tumors.
Also Check This Out:<a href="https://www.benzinga.com/trading-ideas/long-ideas/23/10/35284015/top-4-defensive-stocks-which-could-rescue-your-portfolio-this-month"> Top 4 Defensive Stocks Which Could Rescue Your Portfolio This Month</a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded down 0.5% to $86.23 while gold traded up 0.1% at $1,936.90.
Silver traded up 1.4% to $23.08 on Tuesday while copper fell 0.1% to $3.5805.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares closed mostly higher today. The eurozone&rsquo;s STOXX 600 fell 0.10%, London&rsquo;s FTSE 100 rose 0.58% while Spain&rsquo;s IBEX 35 Index rose 0.12% The German DAX rose 0.09% French CAC 40 rose 0.11%, while Italy&rsquo;s FTSE MIB Index slipped 0.09%.
The ZEW Indicator of Economic Sentiment for the Eurozone rose to 2.3 in October from -8.9 in a month ago. The ZEW Indicator of Economic Sentiment for Germany climbed by 10.3 points to a reading of -1.1 in October.
Average weekly earnings, including bonuses in the UK, rose 8.1% year-over-year to GBP 661/week during the three months to August. UK&rsquo;s number of job vacancies fell to 988,000 in the third quarter.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed higher on Tuesday, with Japan&rsquo;s Nikkei 225 gaining 1.20%, China&rsquo;s Shanghai Composite Index gaining 0.32% and Hong Kong&rsquo;s Hang Seng Index gaining 0.75%. India&rsquo;s S&amp;P BSE Sensex, meanwhile, rose 0.4%.
Total passenger vehicle sales in India climbed by 3.1% year-over-year to 316,908 in September. Singapore&#39;s non-oil domestic exports declined by 13.2% year-over-year in September following a revised 22.5% decline in August.
&nbsp;
<h3>Economics</h3>
&nbsp;
U.S. retail sales rose 0.7% month-over-month in September versus a revised 0.8% increase in August and topping estimates of a 0.3% increase.
U.S. industrial production rose 0.3% month-over-month in September, beating market expectations for a flat reading.
The NAHB/Wells Fargo Housing Market Index declined by 4 points to 40 in October, missing market estimates of 44.
Total business inventories rose by 0.4% month-over-month in August versus a revised 0.1% increase a month ago.
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<h3>Gainers</h3>
<ul>
<li>SciSparc Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sprc#NASDAQ">SPRC</a>) shares climbed 146.2% to $6.97. Aegis Capital Corp. acted as exclusive placement agent on a $5.0 million private placement for SciSparc.</li>
<li>Assembly Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asmb#NASDAQ">ASMB</a>) gained 120% to $1.5982 after the company and Gilead announced they entered into a 12-year partnership to advance the research and development of novel antiviral therapies.</li>
<li>Olink Holding AB (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/olk#NASDAQ">OLK</a>) shares climbed 65.8% to $24.84 after Thermo Fisher Scientific announced it will acquire the company.</li>
<li>MoneyHero Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mny#NASDAQ">MNY</a>) surged 33.7% to $3.40.</li>
<li>OpGen, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/opgn#NASDAQ">OPGN</a>) gained 32.7% to $1.20.</li>
<li>FLJ Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/flj#NASDAQ">FLJ</a>) jumped 29.3% to $0.2689.</li>
<li>Anebulo Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aneb#NASDAQ">ANEB</a>) gained 22.5% to $2.0950.</li>
<li>Ramaco Resources, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/metc#NASDAQ">METC</a>) rose 20.2% to $11.73.</li>
<li>Aurora Mobile Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jg#NASDAQ">JG</a>) shares climbed 19.8% to $0.1593 after gaining 8% on Monday.</li>
<li>Nkarta, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nktx#NASDAQ">NKTX</a>) rose 18.5% to $1.75 as the company received FDA clearance of IND application for NKX019 in lupus nephritis.</li>
<li>AgriFORCE Growing Systems Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agri#NASDAQ">AGRI</a>) gained 18% to $3.0905.</li>
<li>Gamer Pakistan Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gpak#NASDAQ">GPAK</a>) gained 16.8% to $1.46.</li>
<li>Summit Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smmt#NASDAQ">SMMT</a>) rose 16% to $2.03.</li>
<li>Meiwu Technology Company Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wnw#NASDAQ">WNW</a>) shares rose 15.4% to $0.1062 after falling 4% on Monday.</li>
<li>WiSA Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wisa#NASDAQ">WISA</a>) shares gained 12.8% to $0.28 after falling 40% on Monday. WiSA Technologies announced pricing of $4.8 million public offering of Series B convertible redeemable preferred stock and warrants.</li>
<li>iTeos Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/itos#NASDAQ">ITOS</a>) jumped 12.8% to $9.77.</li>
<li>Athersys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/athx#NASDAQ">ATHX</a>) shares gained 12.3% to $0.1102. Athersys extended near term liquidity with proceeds from warrant inducement and global ARDS license with Healios to explore strategic alternatives.</li>
<li>Moolec Science SA (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlec#NASDAQ">MLEC</a>) climbed 12% to $2.80. Moolec Science secured $21 million investment from Grupo Insud, bolstering its food ingredient innovations.</li>
<li>V.F. Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vfc#NYSE">VFC</a>) gained 10.1% to $17.82. Engaged Capital has built a big stake in VF Corp, according to the Wall Street Journal.</li>
<li>AGBA Group Holding Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agba#NASDAQ">AGBA</a>) rose 8.9% to $0.5336.</li>
<li>Cytek Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ctkb#NASDAQ">CTKB</a>) gained 8.6% to $5.24.</li>
<li>Under Armour, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uaa#NYSE">UAA</a>) rose 7.3% to $7.51.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Evelo Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/evlo#NASDAQ">EVLO</a>) shares fell 50.2% to $1.4501. Evelo Biosciences released top-line results from its Phase 2 clinical study with EDP2939 in moderate psoriasis.</li>
<li>Monte Rosa Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/glue#NASDAQ">GLUE</a>) fell 19.9% to $4.0050 as the company announced interim data from the Phase 1 dose escalation part of its ongoing phase 1/2 study of MRT-2359 in patients with MYC-driven solid tumors.</li>
<li>Nuvve Holding Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvve#NASDAQ">NVVE</a>) fell 19.1% to $0.3161 after gaining over 9% on Monday.</li>
<li>NetScout Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntct#NASDAQ">NTCT</a>) fell 18.2% to $22.58 after the company reported weak preliminary results for the second quarter and lowered its FY24 guidance.</li>
<li>BIO-key International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bkyi#NASDAQ">BKYI</a>) fell 17.4% to $0.4299 after the company filed for offering of units of up to $10 million.</li>
<li>Bio-Path Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bpth#NASDAQ">BPTH</a>) declined 16.5% to $0.5678.</li>
<li>Lexicon Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lxrx#NASDAQ">LXRX</a>) fell 10.4% to $1.2187.</li>
<li>DXC Technology Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dxc#NYSE">DXC</a>) fell 9.9% to $20.05 after Wolfe Research downgraded the stock from Peer Perform to Underperform.</li>
<li>The Vita Coco Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coco#NASDAQ">COCO</a>) fell 9.7% to $24.29.</li>
<li>Ambrx Biopharma Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amam#NASDAQ">AMAM</a>) fell 8.7% to $10.44 after declining 19% on Monday. Ambrx Biopharma announced that two abstracts detailing updated safety and efficacy data from the ongoing Phase 1/2 trial, APEX-01, evaluating ARX517 for metastatic castration-resistant prostate cancer (mCRPC) were made available as part of the 2023 European Society of Medical Oncology Congress 2023 meeting.</li>
<li>Rani Therapeutics Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rani#NASDAQ">RANI</a>) fell 8.5% to $2.01 after gaining 11% on Monday.</li>
<li>Nvni Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvni#NASDAQ">NVNI</a>) fell 8.4% to $3.18.</li>
<li>VMware, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vmw#NYSE">VMW</a>) fell 7% to $166.33.</li>
<li>ServisFirst Bancshares, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sfbs#NASDAQ">SFBS</a>) declined 6.1% to $49.65 after the company reported third-quarter earnings.</li>
<li>22nd Century Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xxii#NASDAQ">XXII</a>) shares fell 5.4% to $0.5201 after the company reported pricing of $5.25 million public offering.</li>
<li>NVIDIA Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) declined 4.6% to $439.95. The U.S. government divulged plans to halt shipments to China of more advanced AI chips designed by Nvidia and others, citing military threats.</li>
<li>The Bank of New York Mellon Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bk#NYSE">BK</a>) fell 4.5% to $39.99 following third-quarter results.</li>
<li>Telefonaktiebolaget LM Ericsson (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eric#NASDAQ">ERIC</a>) shares fell 3.6% to $4.5899 after the company reported downbeat third-quarter sales. Ericsson expects lower than-normal seasonality in sales between Q3 and Q4 for Networks and Cloud Software and Services.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/23/10/35280330/how-to-earn-500-a-month-from-charles-schwab-stock-following-q3-earnings"> How To Earn $500 A Month From Charles Schwab Stock Following Q3 Earnings</a>

Why ServisFirst Bancshares Shares Are Trading Lower By 6%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>ComSovereign Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COMS#NASDAQ">COMS</a>) shares increased by 20.2% to $1.03 during Tuesday's regular session. Trading volume for this security as of 13:30 EST is 312.6K, which is 1333.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $2.7 million. </li>
<li>Mercurity Fintech Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFH#NASDAQ">MFH</a>) shares moved upwards by 16.5% to $1.2. As of 13:30 EST, Mercurity Fintech Holding's stock is trading at a volume of 57.3K, which is 72.3% of its average full-day volume over the last 100 days. The company's market cap stands at $55.8 million. </li>
<li>Aurora Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JG#NASDAQ">JG</a>) shares increased by 15.2% to $0.15. As of 13:30 EST, Aurora Mobile's stock is trading at a volume of 34.6 million, which is 7123.7% of its average full-day volume over the last 100 days. The company's market cap stands at $17.9 million. </li>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) shares moved upwards by 14.83% to $1.35. The current volume of 158.1K shares is 57.4% of Actelis Networks's average full-day volume over the last 100 days (last updated at 13:30 EST). The company's market cap stands at $3.6 million. </li>
<li>Blackboxstocks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLBX#NASDAQ">BLBX</a>) stock moved upwards by 14.48% to $2.45. The company's market cap stands at $7.8 million. </li>
<li>Intrusion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) stock moved upwards by 12.8% to $0.43. The current volume of 605.5K shares is 66.2% of Intrusion's average full-day volume over the last 100 days (last updated at 13:30 EST). The market value of their outstanding shares is at $10.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>BIO-key Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) shares decreased by 40.1% to $0.31 during Tuesday's regular session. The current volume of 153.2K shares is 632.4% of BIO-key Intl's average full-day volume over the last 100 days (last updated at 13:30 EST). The company's market cap stands at $2.8 million. </li>
<li>NetScout Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>) stock fell 17.19% to $22.85. NetScout Systems's stock is trading at a volume of 2.7 million shares as of 13:30 EST. This is 636.7% of its average full-day volume over the last 100 days. The company's market cap stands at $1.6 billion. </li>
<li>DXC Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXC#NYSE">DXC</a>) shares decreased by 8.07% to $20.45. As of 13:30 EST, DXC Technology's stock is trading at a volume of 2.3 million, which is 70.2% of its average full-day volume over the last 100 days. The company's market cap stands at $4.1 billion. </li>
<li>Porch Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRCH#NASDAQ">PRCH</a>) shares decreased by 7.53% to $0.61. As of 13:30 EST, this security is trading at a volume of 1.0 million shares, making up 84.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $59.7 million. </li>
<li>Powerbridge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBTS#NASDAQ">PBTS</a>) stock decreased by 6.87% to $1.07. Trading volume for this security as of 13:30 EST is 102.4K, which is 24.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $5.0 million. </li>
<li>Arqit Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQQ#NASDAQ">ARQQ</a>) shares fell 6.71% to $0.52. Trading volume for this security as of 13:30 EST is 254.4K, which is 18.9% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $85.5 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Tuesday's Intraday Session

U.S. stocks traded&nbsp;mostly higher midway through trading, with the Dow Jones gaining around 100 points on Tuesday.
The Dow traded up 0.31% to 34,090.15 while the NASDAQ fell 0.05% to 13,560.52. The S&amp;P 500 also rose, gaining, 0.25% to 4,384.43.
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&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Energy shares climbed by 1% on Tuesday.
In trading on Tuesday, information technology shares fell by 0.9%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Goldman Sachs Group Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gs#NYSE">GS</a>) reported better-than-expected earnings for its third quarter on Tuesday.
The company posted quarterly earnings of $5.47 per share, down from $8.25 per share a year ago, beating the consensus of $5.31 per share. Net revenues were $11.82 billion, almost in line with Q3 FY22.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
SciSparc Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sprc#NASDAQ">SPRC</a>) shares shot up 119% to $6.21. Aegis Capital Corp. acted as exclusive placement agent on a $5.0 million private placement for SciSparc.
Shares of Assembly Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asmb#NASDAQ">ASMB</a>) got a boost, shooting 93% to $1.40 after the company and Gilead announced they entered into a 12-year partnership to advance the research and development of novel antiviral therapies.
Olink Holding AB (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/olk#NASDAQ">OLK</a>) shares were also up, gaining 66% to $24.83 after Thermo Fisher Scientific announced it will acquire the company.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Evelo Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/evlo#NASDAQ">EVLO</a>) shares dropped 52% to $1.41. Evelo Biosciences released top-line results from its Phase 2 clinical study with EDP2939 in moderate psoriasis.
Shares of NetScout Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntct#NASDAQ">NTCT</a>) were down 17% to $22.80 after the company reported weak preliminary results for the second quarter and lowered its FY24 guidance.
Monte Rosa Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/glue#NASDAQ">GLUE</a>) was down, falling 20% to $4.02 as the company announced interim data from the Phase 1 dose escalation part of its ongoing phase 1/2 study of MRT-2359 in patients with MYC-driven solid tumors.
Also Check This Out:<a href="https://www.benzinga.com/trading-ideas/long-ideas/23/10/35284015/top-4-defensive-stocks-which-could-rescue-your-portfolio-this-month"> Top 4 Defensive Stocks Which Could Rescue Your Portfolio This Month</a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.6% to $87.14 while gold traded up 0.1% at $1,936.50.&nbsp;
Silver traded up 1.3% to $23.09 on Tuesday while copper rose 0.1% to $3.5870.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were mostly lower today. The eurozone&rsquo;s STOXX 600 fell 0.34%, London&rsquo;s FTSE 100 rose 0.40% while Spain&rsquo;s IBEX 35 Index fell 0.25% The German DAX fell 0.31% French CAC 40 fell 0.23%, while Italy&rsquo;s FTSE MIB Index slipped 0.41%.
The ZEW Indicator of Economic Sentiment for the Eurozone rose to 2.3 in October from -8.9 in a month ago. The ZEW Indicator of Economic Sentiment for Germany climbed by 10.3 points to a reading of -1.1 in October.
Average weekly earnings, including bonuses in the UK, rose 8.1% year-over-year to GBP 661/week during the three months to August. UK&rsquo;s number of job vacancies fell to 988,000 in the third quarter.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed higher on Tuesday, with Japan&rsquo;s Nikkei 225 gaining 1.20%, China&rsquo;s Shanghai Composite Index gaining 0.32% and Hong Kong&rsquo;s Hang Seng Index gaining 0.75%. India&rsquo;s S&amp;P BSE Sensex, meanwhile, rose 0.4%.
Total passenger vehicle sales in India climbed by 3.1% year-over-year to 316,908 in September. Singapore&#39;s non-oil domestic exports declined by 13.2% year-over-year in September following a revised 22.5% decline in August.
&nbsp;
<h3>Economics</h3>
&nbsp;
U.S. retail sales rose 0.7% month-over-month in September versus a revised 0.8% increase in August and topping estimates of a 0.3% increase.
U.S. industrial production rose 0.3% month-over-month in September, beating market expectations for a flat reading.
The NAHB/Wells Fargo Housing Market Index declined by 4 points to 40 in October, missing market estimates of 44.
Total business inventories rose by 0.4% month-over-month in August versus a revised 0.1% increase a month ago.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/10/35284435/these-3-materials-stocks-delivering-high-dividend-yields-are-recommended-by-wall-streets"> These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street&#39;s Most Accurate Analysts</a>

Dow Surges 100 Points; Goldman Sachs Posts Upbeat Earnings

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 1% on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.11% to 33,947.98 while the NASDAQ fell 1.33% to 13,387.41. The S&amp;P 500 also fell, dropping, 0.70% to 4,343.02.
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&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Energy shares climbed by 0.6% on Tuesday.
In trading on Tuesday, information technology shares fell by 2.1%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
U.S. retail sales rose 0.7% month-over-month in September versus a revised 0.8% increase in August and topping estimates of a 0.3% increase.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
SciSparc Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sprc#NASDAQ">SPRC</a>) shares shot up 139% to $6.75. Aegis Capital Corp. acted as exclusive placement agent on a $5.0 million private placement for SciSparc.
Shares of Assembly Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asmb#NASDAQ">ASMB</a>) got a boost, shooting 117% to $1.58 after the company and Gilead announced they entered into a 12-year partnership to advance the research and development of novel antiviral therapies.
Olink Holding AB (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/olk#NASDAQ">OLK</a>) shares were also up, gaining 66% to $24.89 after Thermo Fisher Scientific announced it will acquire the company.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Evelo Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/evlo#NASDAQ">EVLO</a>) shares dropped 48% to $1.50. Evelo Biosciences released top-line results from its Phase 2 clinical study with EDP2939 in moderate psoriasis.
Shares of NetScout Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntct#NASDAQ">NTCT</a>) were down 22% to $21.64 after the company reported weak preliminary results for the second quarter and lowered its FY24 guidance.
BIO-key International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bkyi#NASDAQ">BKYI</a>) was down, falling 17% to $0.4325 after the company filed for offering of units of up to $10 million.
Also Check This Out:<a href="https://www.benzinga.com/trading-ideas/long-ideas/23/10/35284015/top-4-defensive-stocks-which-could-rescue-your-portfolio-this-month"> Top 4 Defensive Stocks Which Could Rescue Your Portfolio This Month</a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.2% to $86.84 while gold traded up 0.1% at $1,936.60.
Silver traded up 0.3% to $22.845 on Tuesday while copper fell 0.9% to $3.5495.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were mostly lower today. The eurozone&rsquo;s STOXX 600 fell 0.3%, London&rsquo;s FTSE 100 rose 0.3% while Spain&rsquo;s IBEX 35 Index fell 0.2% The German DAX fell 0.4% French CAC 40 fell 0.3%, while Italy&rsquo;s FTSE MIB Index slipped 0.3%.
The ZEW Indicator of Economic Sentiment for the Eurozone rose to 2.3 in October from -8.9 in a month ago. The ZEW Indicator of Economic Sentiment for Germany climbed by 10.3 points to a reading of -1.1 in October.
Average weekly earnings, including bonuses in the UK, rose 8.1% year-over-year to GBP 661/week during the three months to August. UK&rsquo;s number of job vacancies fell to 988,000 in the third quarter.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed higher on Tuesday, with Japan&rsquo;s Nikkei 225 gaining 1.20%, China&rsquo;s Shanghai Composite Index gaining 0.32% and Hong Kong&rsquo;s Hang Seng Index gaining 0.75%. India&rsquo;s S&amp;P BSE Sensex, meanwhile, rose 0.4%.
Total passenger vehicle sales in India climbed by 3.1% year-over-year to 316,908 in September. Singapore&#39;s non-oil domestic exports declined by 13.2% year-over-year in September following a revised 22.5% decline in August.
&nbsp;
<h3>Economics</h3>
&nbsp;
U.S. retail sales rose 0.7% month-over-month in September versus a revised 0.8% increase in August and topping estimates of a 0.3% increase.
U.S. industrial production rose 0.3% month-over-month in September, beating market expectations for a flat reading.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/10/35284435/these-3-materials-stocks-delivering-high-dividend-yields-are-recommended-by-wall-streets"> These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street&#39;s Most Accurate Analysts</a>

Nasdaq Down Over 1%; US Retail Sales Top Expectations

WIIM

NetScout shares are trading lower after the company lowered FY24 guidance.

<h3>Gainers</h3>
<ul>
<li>Aurora Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JG#NASDAQ">JG</a>) stock increased by 53.6% to $0.2 during Tuesday's pre-market session. The company's market cap stands at $23.9 million. </li>
<li>WiSA Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WISA#NASDAQ">WISA</a>) stock moved upwards by 25.68% to $0.31. The market value of their outstanding shares is at $2.0 million. </li>
<li>Vertex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERX#NASDAQ">VERX</a>) shares rose 9.26% to $25.01. The market value of their outstanding shares is at $3.8 billion. </li>
<li>Ascent Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTI#NASDAQ">ASTI</a>) shares rose 8.33% to $1.3. The company's market cap stands at $1.2 million. </li>
<li>T Stamp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDAI#NASDAQ">IDAI</a>) stock moved upwards by 8.21% to $1.58. The market value of their outstanding shares is at $13.0 million. </li>
<li>Cemtrex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETX#NASDAQ">CETX</a>) stock moved upwards by 7.88% to $5.2. The market value of their outstanding shares is at $5.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>NetScout Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>) stock fell 22.9% to $21.28 during Tuesday's pre-market session. The company's market cap stands at $1.5 billion. </li>
<li>BIO-key Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) stock declined by 11.59% to $0.46. The company's market cap stands at $4.2 million. </li>
<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) shares decreased by 11.26% to $0.2. The market value of their outstanding shares is at $1.2 million. </li>
<li>VMware (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMW#NYSE">VMW</a>) shares decreased by 10.56% to $160.0. The company's market cap stands at $69.0 billion. </li>
<li>MMTEC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) shares fell 10.3% to $0.87. The company's market cap stands at $173.2 million. </li>
<li>Powerbridge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBTS#NASDAQ">PBTS</a>) shares declined by 8.7% to $1.05. The market value of their outstanding shares is at $4.9 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>SciSparc Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sprc#NASDAQ">SPRC</a>) shares surged 79.5% to $5.08 in pre-market trading after falling around 7% on Monday. SciSparc recently regained compliance with the Nasdaq Minimum Bid Price Notification.</li>
<li>WiSA Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wisa#NASDAQ">WISA</a>) shares rose 76.4% to $0.4380 in pre-market trading after falling 40% on Monday. WiSA Technologies announced the pricing of a $4.8 million public offering of Series B convertible redeemable preferred stock and warrants.</li>
<li>Athersys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/athx#NASDAQ">ATHX</a>) shares gained 51.5% to $0.1487 in pre-market trading. Athersys extended near-term liquidity with proceeds from warrant inducement and a global ARDS license with Healios to explore strategic alternatives.</li>
<li>Aurora Mobile Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jg#NASDAQ">JG</a>) shares climbed 50.8% to $0.2005 in pre-market trading after gaining 8% on Monday.</li>
<li>ZW Data Action Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cnet#NASDAQ">CNET</a>) rose 30.8% to $1.23 in pre-market trading after declining 13% on Monday.</li>
<li>Meiwu Technology Company Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wnw#NASDAQ">WNW</a>) shares rose 30.4% to $0.12 in pre-market trading after falling 4% on Monday.</li>
<li>Jaguar Health, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jagx#NASDAQ">JAGX</a>) gained 13.5% to $0.4085 in pre-market trading after gaining more than 12% on Monday.</li>
<li>Vistagen Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vtgn#NASDAQ">VTGN</a>) shares rose 12.6% to $3.57 in pre-market trading after a 13G filing showed Citadel Advisors LLC reported a 5.6% stake in the company.</li>
<li>AGBA Group Holding Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agba#NASDAQ">AGBA</a>) rose 12.2% to $0.55 in pre-market trading.</li>
<li>Akso Health Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ahg#NASDAQ">AHG</a>) shares jumped 8.6% to $2.01 in pre-market trading. Akso Health Group recently regained compliance with Nasdaq&#39;s Minimum Bid Price Requirement.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Nuvve Holding Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvve#NASDAQ">NVVE</a>) dipped 33.5% to $0.2599 in pre-market trading after gaining over 9% on Monday.</li>
<li>NetScout Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntct#NASDAQ">NTCT</a>) shares fell 23% to $21.24 in pre-market trading after the company reported weak preliminary results for the second quarter and lowered its FY24 guidance.</li>
<li>Processa Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pcsa#NASDAQ">PCSA</a>) shares fell 18.6% to $0.4547 in pre-market trading, after jumping 16% on Monday.</li>
<li>MingZhu Logistics Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ygmz#NASDAQ">YGMZ</a>) shares fell 14.5% to $0.5731 in pre-market trading after jumping around 38% on Monday.</li>
<li>Rani Therapeutics Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rani#NASDAQ">RANI</a>) fell 13.5% to $1.90 in pre-market trading after gaining 11% on Monday.</li>
<li>Ambrx Biopharma Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amam#NASDAQ">AMAM</a>) fell 13.4% to $9.90 in pre-market trading after declining 19% on Monday. Ambrx Biopharma announced that two abstracts detailing updated safety and efficacy data from the ongoing Phase 1/2 trial, APEX-01, evaluating ARX517 for metastatic castration-resistant prostate cancer (mCRPC) were made available as part of the 2023 European Society of Medical Oncology Congress 2023 meeting.</li>
<li>22nd Century Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xxii#NASDAQ">XXII</a>) shares fell 11.9% to $0.4840 in pre-market trading after reporting a proposed public offering.</li>
<li>XTL Biopharmaceuticals Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xtlb#NASDAQ">XTLB</a>) fell 11.8% to $0.7528 in pre-market after dipping around 15% on Monday.</li>
<li>NuCana plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ncna#NASDAQ">NCNA</a>) shares fell 11.7% to $0.50 in pre-market trading after declining around 12% on Monday. NuCana presented data on NUC-7738 at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics 2023.</li>
<li>Avinger, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avgr#NASDAQ">AVGR</a>) shares fell 11.2% to $5.71 in pre-market trading, after gaining over 21% on Monday.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/23/10/35280296/investor-fear-eases-ahead-of-big-earnings"> Investor Fear Eases Ahead Of Big Earnings</a>

AVGR

CNET

JAGX

NCNA

PCSA

VTGN

XTLB

YGMZ

Why Vistagen Therapeutics Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket

U.S. stock futures traded lower this morning on Tuesday. Here are some big stocks recording losses in today&rsquo;s pre-market trading session.
<ul>
<li>NetScout Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntct#NASDAQ">NTCT</a>) shares dipped 23% to $21.24 in pre-market trading after the company reported weak preliminary results for the second quarter and lowered its FY24 guidance.</li>
<li>Ambrx Biopharma Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amam#NASDAQ">AMAM</a>) declined 13.4% to $9.90 in pre-market trading after declining 19% on Monday. Ambrx Biopharma announced that two abstracts detailing updated safety and efficacy data from the ongoing Phase 1/2 trial, APEX-01, evaluating ARX517 for metastatic castration-resistant prostate cancer (mCRPC) were made available as part of the 2023 European Society of Medical Oncology Congress 2023 meeting.</li>
<li>Telefonaktiebolaget LM Ericsson (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eric#NASDAQ">ERIC</a>) shares fell 5.7% to $4.49 in pre-market trading after the company reported downbeat third-quarter sales.</li>
<li>SunPower Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spwr#NASDAQ">SPWR</a>) shares declined 5.7% to $5.46 in pre-market trading after gaining 3% on Monday.</li>
<li>Nokia Oyj (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nok#NYSE">NOK</a>) shares fell 4.4% to $3.44 in pre-market trading.</li>
<li>Editas Medicine, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/edit#NASDAQ">EDIT</a>) fell 4.3% to $6.95 in pre-market trading.</li>
<li>Blue Owl Capital Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/obdc#NYSE">OBDC</a>) shares declined 3.1% to $13.42 in pre-market trading.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/23/10/35280111/bank-of-america-johnson-johnson-and-3-stocks-to-watch-heading-into-tuesday"> Bank of America, Johnson &amp; Johnson And 3 Stocks To Watch Heading Into Tuesday</a>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

EDIT

OBDC

SPWR

NetScout Systems, Ericsson And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

NetScout Systems: Long-Term Issues Remain A Concern

NetScout Systems, Inc. (NTCT) stock is higher by 7.67% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator. NetScout Systems, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NTCT!See Full NTCT ReportWhat is Stock Sentiment?Sentim

Should You Buy NetScout Systems, Inc. (NTCT) Stock on Monday?

In a report released on April 15, Matthew Hedberg from RBC Capital maintained a Hold rating on Netscout Systems (NTCT – Research Report), with a pr...

RBC Capital Sticks to Its Hold Rating for Netscout Systems (NTCT)

Increased investments in digitization and the adoption of newer technologies are boosting the technology industry's growth prospects. Therefore, investors could consider buying fundamentally strong tech stocks such as NetScout Systems (NTCT), Universal Electronics (UEIC), and Key Tronic (KTCC) as they are trading at a discount and are attracting the attention of smart money. Read on... The long-term outlook for the technology sector looks bright as demand for advanced technologies grows, along with the rise in IT spending and the advances in artificial intelligence and cloud computing. Moreover, the expected interest rate cuts later this year will benefit the tech sector.
Against this backdrop, investors could follow the footsteps of smart money by buying fundamentally strong value tech stocks such as NetScout Systems, Inc. (<a href="https://stocknews.com/stock/NTCT/">NTCT</a>), Universal Electronics Inc. (<a href="https://stocknews.com/stock/UEIC/">UEIC</a>), and Key Tronic Corporation (<a href="https://stocknews.com/stock/KTCC/">KTCC</a>). Before delving deeper into their fundamentals, let's discuss what's shaping the tech industry's prospects.
Smart money refers to institutional investors and hedge funds. Due to their access to insightful research, information, and expertise, retail investors often track smart money. Investors should closely monitor smart money's interest in the above-mentioned stocks as they usually focus on companies with solid growth potential.
The NASDAQ Composite's 32.1% rise over the past year reflects investor confidence and optimism about the future of technology companies. According to Gartner, Inc.'s most recent report, worldwide IT spending will reach <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">$5.06 trillion</a> in 2024, up 8% from 2023.
John-David Lovelock, Distinguished VP Analyst at Gartner, said: "With spending on IT services on track to grow by 9.7% to eclipse $1.52 trillion, this category is on pace to become the largest market that Gartner tracks."
The demand for tech services is fueled by digital transformation, cloud adoption, business intelligence, increased demand for data security and privacy protection, and companies' emphasis on cost-effectiveness. The global IT services industry is expected to grow at a <a href="https://www.statista.com/outlook/tmo/it-services/worldwide">CAGR of 5.8%</a> to $1.88 trillion until 2029.
Moreover, the use of advanced electronic components such as sensors and switches in devices is growing owing to greater interconnectivity between devices and the rise of smart and interactive devices. The global electronics industry is predicted to increase at a <a href="https://www.precedenceresearch.com/electronic-components-market">6.8% CAGR</a>, reaching $368.40 billion by 2032.
Moreover, investors' interest in tech stocks is evident from the iShares U.S. Technology ETF (<a href="https://stocknews.com/stock/IYW/">IYW</a>) 44.7% returns over the past year.
Considering these conducive trends, let's examine the fundamentals of the three featured tech stocks.
NetScout Systems, Inc. (<a href="https://stocknews.com/stock/NTCT/">NTCT</a>)
NTCT provides service assurance and cybersecurity solutions to protect digital business services against disruptions in the U.S., Europe, Asia, and internationally. NTCT has <a href="https://www.nasdaq.com/market-activity/stocks/ntct/institutional-holdings">institutional ownership of approximately 91.7%</a>.
In terms of forward EV/Sales, NTCT is trading at 1.49x, 45.9% lower than the industry average of 2.75x. Likewise, its forward non-GAAP P/E of 9.26x is 60.1% lower than the 23.21x industry average. Also, its forward EV/EBITDA of 7.73x is 47% lower than the 14.59x industry average.
In terms of the trailing-12-month gross profit margin, NTCT's 77.46% is 58.9% higher than the 48.75% industry average. Likewise, its trailing-12-month EBIT margin and <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a> of 6.30% and 15.72% are 47.9% and 66.8% higher than the industry averages of 4.26% and 9.42%, respectively.
NTCT reported total revenue for the third quarter that ended December 31, 2023, to $218.07 million. Its non-GAAP gross profit stood at $178.46 million. The company's non-GAAP net income and net income per share stood at $52.03 million and $0.73, respectively.
Its total current liabilities came in at $382.25 million for the period that ended December 31, 2023, compared to $453.61 million for the period that ended March 31, 2023.
For the quarter that ended March 31, 2024, NTCT's revenue and EPS are expected to increase 2.8% and 36.8% year-over-year to $213.90 million and $0.52, respectively. The company surpassed the consensus revenue and EPS estimates in three of the trailing four quarters, which is impressive. The stock has declined marginally intraday to close the last trading session at $20.09.
NTCT's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
NTCT has a B grade for Growth, Value, and Sentiment. Within the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry, it is ranked #12 out of 78 stocks. To see NTCT's additional Momentum, Stability, and Quality ratings, <a href="https://stocknews.com/stock/NTCT/">click here</a>.
Universal Electronics Inc. (<a href="https://stocknews.com/stock/UEIC/">UEIC</a>)
UEIC designs, develops, manufactures, ships, and supports control and sensor technology solutions in the U.S., the People's Republic of China, the rest of Asia, Europe, Latin America, and internationally. UEIC has <a href="https://www.nasdaq.com/market-activity/stocks/ueic/institutional-holdings">institutional ownership of approximately 64.2%</a>.
On January 11, UEIC announced the release of its latest QuickSet solution, expanding content discovery, control, and interaction across millions of devices and households.
The newest release of QuickSet expanded functionality for entertainment and whole-home audio use cases to provide deeper device and content history across an ever-increasing landscape of devices and services at home.
In terms of forward EV/Sales, UEIC is trading at 0.44x, 62.9% lower than the industry average of 1.18x. Likewise, its forward EV/EBITDA of 7.59x is 19.6% lower than the 9.44x industry average. Also, its forward Price/Sales of 0.36x is 58.8% lower than the 0.88x industry average.
UEIC's trailing-12-month asset turnover ratio of 1.09x is 10.2% higher than the industry average of 0.99x. Additionally, its 10.37% trailing-12-month levered FCF margin is 83.1% higher than the industry average of 5.66%.
For the fiscal first quarter that ended March 31, 2024, UEIC's net sales and non-GAAP gross profit amounted to $91.90 million and $27.23 million, respectively. In addition, its cash and cash equivalents at end of period stood at $26.91 million. As of March 31, 2024, UEIC's total current liabilities amounted to $138.67 million, compared to $161.15 million as of December 31, 2023.
Street expects UEIC's EPS and revenue for the quarter ending September 30, 2024, to increase 166.7% and 1.5% year-over-year to $0.21 and $108.69 million, respectively. The company surpassed consensus EPS estimates in each of the trailing four quarters. Over the past three months, UEIC's stock has gained 30.8% to close the last trading session at $11.22.
It's no surprise that UEIC has an overall B rating, equating to Buy in our POWR Ratings system.
It has a B grade for Value and Sentiment. It is ranked #8 out of 42 stocks in the <a href="https://stocknews.com/category/technology-electronics/">Technology - Electronics</a> industry. Beyond what is stated above, we've also rated UEIC for Growth, Momentum, Stability, and Quality. Get all UEIC ratings <a href="https://stocknews.com/stock/UEIC/">here</a>.
Key Tronic Corporation (<a href="https://stocknews.com/stock/KTCC/">KTCC</a>)
KTCC provides contract manufacturing services to original equipment manufacturers in the U.S. and internationally. The company offers integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing services. Institutions own approximately <a href="https://www.nasdaq.com/market-activity/stocks/ktcc/institutional-holdings">40.7% shares of KTCC</a>.
In terms of trailing-12-month EV/EBIT, KTCC is trading at 0.30x, 90.3% lower than the industry average of 3.04x. Likewise, its trailing-12-month EV/Sales of 0.30x, 90.3% lower than the 3.04x industry average. Also, its trailing-12-month Price/Sales of 0.08x is 97.4% lower than the 2.89x industry average.
In terms of the trailing-12-month asset turnover ratio, KTCC's 1.53x is 154.6% higher than the 0.60x industry average. Its trailing-12-month Return on Common Equity and Return on Total Capital of 3.43% and 3.58% are 19.6% and 57.8% higher than the industry average of 2.87% and 2.27%, respectively.
During the second quarter, which ended December 30, 2023, KTCC's net sales rose 17.5% year-over-year to $145.42 million. Its gross profit increased 31.9% from the prior-year quarter to $11.76 million. In addition, its operating income was $3.95 million, up 9.4% year-over-year.
For the same quarter, the company's net income and net income per share rose 12.1% and 11.1% from the year-ago value to $1.08 million and $0.10, respectively.
The stock has gained 10.1% over the past six months to close the last trading session at $4.36.
KTCC's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has an A grade for Growth and Momentum and a B for Value, Stability, and Sentiment. It is ranked #11 in the Technology - Services industry. <a href="https://stocknews.com/stock/KTCC/">Click here</a> to see KTCC's rating for Quality.
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NTCT shares were trading at $20.04 per share on Monday morning, down $0.05 (-0.25%). Year-to-date, NTCT has declined -8.70%, versus a 8.51% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/ntct-ueic-ktcc-3-value-tech-stocks-smart-money-is-chasing/>3 Value Tech Stocks Smart Money Is Chasing</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Value Tech Stocks Smart Money Is Chasing

Notable earnings before Thursday's open

NetScout Systems Q4 2024 Earnings Preview

NetScout Systems Non-GAAP EPS of $0.55 beats by $0.03, revenue of $203.4M misses by $10.5M

NetScout Systems, Inc. 2024 Q4 - Results - Earnings Call Presentation

NetScout Systems, Inc. (NTCT) Q4 2024 Earnings Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
NetScout Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/ntct-stock-quote/">NTCT</a>) just reported results for the fourth quarter of 2024.<ul><li>NetScout Systems reported earnings per share of 55 cents. This was above the analyst estimate for EPS of 52 cents.</li><li>The company reported revenue of $203.44 million.</li><li>This was 5.34% worse than the analyst estimate for revenue of $214.92 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/05/ntct-stock-earnings-netscout-systems-for-q4-of-2024/">NTCT Stock Earnings: NetScout Systems Beats EPS, Misses Revenue for Q4 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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NetScout Systems Stock (NASDAQ:NTCT), Short Interest Report

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