secwatch.observer — SEC 8-K summary
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Issuer:     NETSCOUT SYSTEMS INC (NTCT)
CIK:        0001078075
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001157523-22-000102
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NetScout Q3 revenue $262.2M (+14.6% YoY); non-GAAP EPS $0.89 beats; FY22 guidance raised
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- GAAP net income $47.7M ($0.64 diluted) vs $29.0M ($0.39) a year ago; non-GAAP EPS $0.89 vs $0.66.
- Total revenue $262.2M; product revenue $144.4M (55% of total), service revenue $117.8M.
- Non-GAAP EBITDA from ops $92.6M (35.3% margin) vs $70.9M (31.0%) in Q3 FY21.
- FY2022 guidance raised: GAAP revenue $850-855M (midpoint up); non-GAAP EPS $1.75-$1.78.
- Cash and securities $553.5M; $350M drawn on $800M revolver; $11M in share repurchases during Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1078075/000115752322000102/0001157523-22-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1078075/000115752322000102/a52569195.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000102

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