NetScout Systems Down 15% on Lower Guidance

NetScout Systems NTCT is down 15% after announcing Q1 guidance that is lower than the analysts are expecting. The company now sees Q1 EPS of $0.11-0.13 vs. $0.20 estimate and revenue of $62-64M vs. $71.7M estimate. NetScout designs, develops, manufactures, markets, sells and supports service delivery management and application and network performance management solutions for the Internet protocol IP-based service delivery environments.