NetScout Systems Shares Drop After Reporting Lower Fiscal Q4 Non-GAAP Net Income

MT Newswires Live
05-08

NetScout Systems (NTCT) shares were down nearly 5% in recent early Thursday trading after the company reported lower fiscal Q4 non-GAAP net income from a year earlier.

The company reported fiscal Q4 non-GAAP net income of $0.52 per diluted share, down from $0.55 a year earlier.

Two analysts polled by FactSet expected $0.51.

Total revenue for the quarter ended March 31 was $205 million, up from $203.4 million a year earlier.

Two analysts surveyed by FactSet expected $195 million.

The company said it expects fiscal 2026 non-GAAP net income in the range of $2.25 to $2.40 per diluted share on revenue of $825 million to $865 million. Two analysts polled by FactSet expect non-GAAP earnings of $2.25 per share, while two analysts surveyed expect revenue of $826.1 million.

Price: 21.05, Change: -0.16, Percent Change: -0.78

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