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 MoreNetScout Systems (NTCT) reported fiscal Q3 ‘24 results well above our estimates and consensus as calendar year-end budget flushes positively impacted the timing of orders.
Read MoreNetScout Systems (NTCT) reported fiscal Q2 ‘24 results consistent with its mid-October preannouncement. Recall that revenue fell short of our original expectations and consensus due to a slowdown in order conversions during the last month of the quarter.
Read MoreNetScout Systems (NTCT) preannounced Q2 ’24 revenue below our estimates and consensus. Reflecting a slowdown in order conversions during the last month of the quarter, Q2 revenue is expected to be $195.0-$197.0 million.
Read MoreNetScout Systems (NTCT) reported Q1 results slightly ahead of our estimates and consensus. Relative to our model, the revenue upside was wholly attributable to higher service revenue, which benefited in part from some catch-up in maintenance.
Read More