Recap: NetScout Systems Q4 Earnings

NetScout Systems NTCT reported its Q4 earnings results on Thursday, May 4, 2023 at 07:30 AM.

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

NetScout Systems beat estimated earnings by 35.71%, reporting an EPS of $0.38 versus an estimate of $0.28.

Revenue was up $16.90 million from the same period last year.

Last quarter the company beat on EPS by $0.32 which was followed by a 11.62% drop in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.68	0.49	0.22	0.21
EPS Actual	1	0.57	0.24	0.29
Revenue Estimate	239.86M	222.95M	204.77M	188.76M
Revenue Actual	269.54M	228.08M	208.81M	191.19M

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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