NetScout Systems' stock surged 5.38% during pre-market trading on Thursday, following the release of its third-quarter fiscal year 2026 financial results.

The network observability provider reported quarterly results that exceeded analyst expectations, with adjusted earnings per share of $1.00 beating the consensus estimate of $0.83 and revenue of $250.7 million surpassing expectations of approximately $233.7 million. The company's adjusted net income of $73.7 million also came in well above the $60.56 million forecast by analysts.

NetScout raised its fiscal year 2026 outlook, increasing the midpoint of its revenue guidance to a range of $835 million to $870 million and projecting adjusted EPS between $2.37 and $2.45. The company attributed its strong performance to accelerated orders, growth in cybersecurity and service assurance offerings, and its focus on leveraging its AI-ready platform to address market demands.