secwatch.observer — SEC 8-K summary
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Issuer:     NETSCOUT SYSTEMS INC (NTCT)
CIK:        0001078075
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001157523-21-001334
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NETSCOUT Q2 FY22 revenue $211.9M, GAAP EPS $0.11, non-GAAP EPS $0.47; reiterates guidance
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- Total revenue $211.9M, up 3% YoY from $205.3M; product revenue $101.6M (+10% YoY), service revenue $110.3M (-3% YoY).
- GAAP net income $7.9M ($0.11 diluted EPS) vs net loss of $3.7M ($0.05 loss) a year ago; non-GAAP net income $35.3M ($0.47 diluted EPS) vs $28.2M ($0.38).
- Non-GAAP EBITDA from operations $53.0M (25.0% margin) vs $46.8M (22.8%) in Q2 FY21; GAAP operating margin improved to 5.7% from 1.8%.
- Repurchased 921,299 shares at avg $26.75 for $24.6M in Q2; cash and equivalents $475.8M vs $476.5M at year-end FY21.
- Outlook reaffirmed: FY22 revenue $835M-$865M, GAAP EPS $0.36-$0.42, non-GAAP EPS $1.71-$1.77.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1078075/000115752321001334/0001157523-21-001334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1078075/000115752321001334/a52521579.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001334

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