earnings
confidence high
sentiment positive
materiality 0.75
NETSCOUT Q2 FY2023: revenue $228.1M, EPS $0.24 GAAP/$0.57 non-GAAP, beats prior year
NETSCOUT SYSTEMS INC
2023-Q2 EPS reported
$0.14
revenue$436,893,000
- Total revenue $228.1M, up 7.6% YoY; product revenue $111.8M, service $116.3M.
- GAAP net income $17.4M ($0.24/diluted share) vs $7.9M ($0.11) a year ago.
- Non-GAAP net income $41.3M ($0.57/diluted share) vs $35.3M ($0.47) YoY.
- Cash & marketable securities $367.1M; repaid $150M debt; $200M revolver balance.
- FY2023 guidance reaffirmed: revenue $895–925M, non-GAAP EPS $1.97–$2.03.