NETSCOUT Reports Second Quarter Fiscal Year 2020 Financial Results

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Netscout Systems (NTCT) Tops Q2 EPS by 3c, Revenues Beat; Affirms FY19 EPS/Revenue Guidance Above Consensus

October 31, 2019 7:48 AM UTC

Netscout Systems (NASDAQ: NTCT) reported Q2 EPS of $0.28, $0.03 better than the analyst estimate of $0.25. Revenue for the quarter came in at $216.42 million versus the consensus estimate of $207.29 million.

We delivered solid second-quarter results with both non-GAAP revenue and earnings per share performance exceeding the high-end of our expectation, stated Anil Singhal, NETSCOUTs president and chief executive officer. A large order in our service provider sector, which was delayed from last quarter, along with strong... More