Recap: NetScout Systems Q4 Earnings

NetScout Systems NTCT reported its Q4 earnings results on Thursday, May 5, 2022 at 07:30 AM.

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

NetScout Systems beat estimated earnings by 38.1%, reporting an EPS of $0.29 versus an estimate of $0.21.

Revenue was down $22.20 million from the same period last year.

Last quarter the company beat on EPS by $0.27 which was followed by a 0.99% drop in the share price the next day.

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

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	0.62	0.38	0.39	0.44
EPS Actual	0.89	0.47	0.20	0.49
Revenue Estimate	233.17M	206.33M	208.44M	215.09M
Revenue Actual	262.19M	211.92M	190.27M	213.39M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

NetScout Systems management provided guidance for FY 2023, expecting earnings between $1.97 and $2.03 per share.

To track all earnings releases for NetScout Systems visit their earnings calendar here.

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

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