Recap: NetScout Systems Q3 Earnings

NetScout Systems NTCT reported its Q3 earnings results on Thursday, January 27, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

NetScout Systems beat estimated earnings by 43.55%, reporting an EPS of $0.89 versus an estimate of $0.62, which surprised analysts.

Revenue was up $33.45 million from the same period last year.

Last quarter the company beat on EPS by $0.09, which was followed by a 2.48% increase in the share price the next day.

Here's a look at NetScout Systems's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.38	0.39	0.44	0.52
EPS Actual	0.47	0.20	0.49	0.66
Revenue Estimate	206.33M	208.44M	215.09M	228.90M
Revenue Actual	211.92M	190.27M	213.39M	228.74M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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