NetScout Systems Fiscal Q3 Non-GAAP Net Income, Revenue Increase; Fiscal 2025 Guidance Updated

MT Newswires Live
30 Jan

NetScout Systems (NTCT) reported fiscal Q3 non-GAAP net income Thursday of $0.94 per diluted share, up from $0.73 a year earlier.

Two analysts polled by FactSet expected $0.72.

Revenue for the quarter ended Dec. 31 was $252.0 million, up from $218.1 million a year earlier.

Two analysts surveyed by FactSet expected $221.4 million.

For fiscal 2025, the cybersecurity company said it now expects non-GAAP EPS of $2.15 to $2.25 on revenue of $810 million to $820 million, compared with its previous guidance of $2.10 to $2.30 on revenue of $800 million to $830 million. Analysts polled by FactSet expect earnings of $2.17 on revenue of $808.4 million.

Shares of the company were up more than 6% in Thursday's premarket activity.

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