secwatch.observer — SEC 8-K summary
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Issuer:     NETSCOUT SYSTEMS INC (NTCT)
CIK:        0001078075
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001157523-22-000562
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NETSCOUT reports Q4 revenue down 10% YoY but full year up 3%; guides FY2023 growth and $150M ASR
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- Q4 FY2022 total revenue $191.2M (-10% YoY); GAAP net loss $7.3M ($0.10 diluted) vs income $11.4M.
- Full year FY2022 revenue $855.6M (+3% YoY); GAAP net income $37.0M ($0.49) vs $19.4M.
- FY2023 revenue guidance $895-925M (mid-to-high single-digit growth); non-GAAP EPS $1.97-$2.03.
- Plans $150M accelerated share repurchase in Q1 FY2023; new authorization for 25M shares.
- Will repay up to $150M of $350M revolver debt in Q1 FY2023 using cash balance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1078075/000115752322000562/0001157523-22-000562-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1078075/000115752322000562/a52708225.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000562

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