---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001028"
form_type: "8-K"
ticker: "NTCT"
cik: "0001078075"
company_name: "NETSCOUT SYSTEMS INC"
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T03:39:54.060967+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NetScout Q1 FY23 revenue $208.8M (+10% YoY); non-GAAP EPS $0.24 vs $0.20; FY23 outlook reaffirmed

## Summary
- GAAP net loss of $0.10/diluted share vs net loss $0.15 last year; non-GAAP net income per share $0.24 vs $0.20.
- Product revenue $98.3M (47% of total), up 20% from $82.0M; service revenue $110.6M, up 2% from $108.3M.
- Non-GAAP EBITDA $29.8M (14.3% margin) vs $27.6M (14.5% margin) in prior year quarter.
- Repurchased $150M of stock under ASR and repaid $150M of revolver debt; cash & securities $374.6M, debt $200M on $800M facility.
- FY23 revenue guidance unchanged $895M–$925M; GAAP EPS lowered to $0.62–$0.68 on $1.8M restructuring charge; non-GAAP EPS reaffirmed $1.97–$2.03.

## SEC filing metadata
- accession: 0001157523-22-001028
- form_type: 8-K
- ticker: NTCT
- cik: 0001078075
- company_name: NETSCOUT SYSTEMS INC
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078075/000115752322001028/0001157523-22-001028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078075/000115752322001028/a52800772.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001028
- JSON: https://secwatch.observer/filing/0001157523-22-001028.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.