NetScout Systems (NTCT) delivered solid fiscal Q1 ‘25 results, exceeding our estimates and consensus. Relative to our model, the upside was largely attributable to higher than anticipated product sales, which benefited from the extension of an eight-figure, multi-year enterprise license agreement with a Tier-1 service provider in North America.
Read MoreBefore market open yesterday, Peraso (PRSO) announced preliminary Q2 ‘24 revenue of $4.2 million, exceeding management’s guidance of $3.7-$4.0 million, our estimate of $3.8 million and consensus of $3.9 million.
Read MoreAfter market close yesterday, DHI Group (DHX) filed an 8-K announcing an organizational restructuring that will result in a 7% reduction of the company’s workforce and generate annualized savings of $4 million to $6 million.
Read MorePeraso (PRSO) reported Q1 ‘24 results ahead of our estimates and consensus. Revenue was near the top-end of management’s guidance and above our estimate due to higher end-of-life (EOL) memory IC shipments. S
Read MoreNetScout Systems (NTCT) reported fiscal Q4 ‘24 results below our estimates and consensus due to a pause in spending by Tier 1 service providers in the U.S.
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