Recap: NetScout Systems Q2 Earnings

NetScout Systems NTCT reported its Q2 earnings results on Thursday, October 27, 2022 at 07:30 AM.

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

NetScout Systems beat estimated earnings by 16.33%, reporting an EPS of $0.57 versus an estimate of $0.49.

Revenue was up $16.16 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 1.97% drop in the share price the next day.

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

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	0.22	0.21	0.62	0.38
EPS Actual	0.24	0.29	0.89	0.47
Revenue Estimate	204.77M	188.76M	233.17M	206.33M
Revenue Actual	208.81M	191.19M	262.19M	211.92M

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.