NetScout Systems Reports Financial Results For First Quarter Fiscal Year 2016 Following Transformative Acquisition of Danaher’s Communications Business
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Needham & Company Raises Price Target on Netscout Systems (NTCT) Following Earnings Results
July 31, 2015 10:05 AM EDTNeedham & Company reiterated a Buy rating on NetScout (NASDAQ: NTCT), and raised the price target to $55.00 (from $48.00), following earnings results. NetScouts $100.7m was below consensus $103m. EPS of $0.33 was narrowly above $0.32 consensus. The guidance for FY16 is $1.050-1.100B and $1.80-1.95 EPS.
Analyst... More
Sterne Agee CRT Upgrades NetScout (NTCT) to Buy
July 31, 2015 6:56 AM EDTSterne Agee CRT upgraded NetScout (NASDAQ: NTCT) from Neutral to Buy with a price target of $48.00.
For an analyst ratings summary and ratings history on NetScout click here. For more ratings news on NetScout click here.
Shares of NetScout closed at $39.49 yesterday.
... MoreNetscout Systems (NTCT) Tops Q1 EPS by 1c
July 30, 2015 8:49 AM EDTNetscout Systems (NASDAQ: NTCT) reported Q1 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $100.7 million versus the consensus estimate of $103.87 million.
Guidance:
With the completion of NetScouts acquisition of Danahers Communications Business, NetScout is providing full-year fiscal year 2016 guidance for... More
