Considering the challenging backdrop presented by the COVID-19 pandemic, NetScout Systems (NTCT) turned in a strong start to its FY ’21 with results topping Street expectations on both the top and bottom lines.
Read MoreNetScout Systems (NTCT) reported Q4 ’20 results consistent with its mid-April pre-announcement. Contrary to our prior suggestion that the top line shortfall likely arose from slipped enterprise deals, the enterprise business actually grew for the second consecutive quarter.
Read MoreNetScout Systems (NTCT) pre-announced FY ’20 results reflecting revenue slightly below management’s prior guidance but non-GAAP EPS near the high-end of prior expectations.
Read MoreNetScout Systems’ (NTCT) Q3 ’20 results comfortably exceeded expectations as a high seven-figure service provider opportunity slated to close in Q4 was secured earlier than anticipated. Importantly, the results also reflected renewed revenue growth driven by increased sales in both the enterprise and service provider verticals.
Read MoreNetScout Systems (NTCT) reported Q2 ’20 results above expectations. The closure of a large deal that slipped from the prior quarter and funding of previously awarded government projects not only boosted the company’s performance in Q2, but also prompted a favorable outlook for Q3 as a portion of the orders are expected to ship this quarter.
Read More