secwatch / observer
8-K filed January 26, 2023, 6:59 PM ET ticker NTCT CIK 0001078075
earnings confidence high sentiment positive materiality 0.75

NETSCOUT Q3 FY2023 revenue $269.5M, non-GAAP EPS $1.00; raises FY2023 EPS guidance

NETSCOUT SYSTEMS INC

2023-Q3 EPS reported $0.86 revenue$706,437,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NETSCOUT SYSTEMS INC reported first nine months of fiscal year 2023 ended December 31, 2022 results: revenue $706.4 million, net income $62.9 million, EPS $0.86 per share (diluted). Guidance raised.

Period
first nine months of fiscal year 2023 ended December 31, 2022
Revenue
$706.4 million
Net income
$62.9 million
EPS
$0.86 per share (diluted)
Guidance
raised
Result
reported results
Exact text from the filing
Nine-Months FY23 Financial Results Total revenue (GAAP and non-GAAP) for the first nine months of fiscal year 2023, was $706.4 million, compared with total revenue (GAAP and non-GAAP) of $664.4 million in the first nine months of fiscal year 2022. A reconciliation of GAAP and non-GAAP results is included in the financial tables below. Product revenue (GAAP and non-GAAP) for the first nine months of fiscal year 2023 was $359.5 million, compared with $328.0 million in the first nine months of fiscal year 2022. Service revenue (GAAP and non-GAAP) for the first nine months of fiscal year 2023 was $346.9 million, compared with $336.4 million in the first nine months of fiscal year 2022. NETSCOUT’s income from operations (GAAP) for the first nine months of fiscal year 2023 was $76.0 million, compared with $57.0 million in the first nine months of fiscal year 2022. The Company’s operating margin (GAAP) for the first nine months of fiscal year 2023 was 10.8%, versus 8.6% in the first nine mont
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NETSCOUT SYSTEMS INC reported third quarter of fiscal year 2023 ended December 31, 2022 results: revenue $269.5 million, net income $52.6 million, EPS $0.72 per share (diluted). Guidance raised.

Period
third quarter of fiscal year 2023 ended December 31, 2022
Revenue
$269.5 million
Net income
$52.6 million
EPS
$0.72 per share (diluted)
Guidance
raised
Result
reported results
Exact text from the filing
Q3 FY23 Financial Results Total revenue (GAAP and non-GAAP) for the third quarter of fiscal year 2023 was $269.5 million, compared with $262.2 million (GAAP and non-GAAP) in the third quarter of fiscal year 2022. A reconciliation of GAAP and non-GAAP results is included in the financial tables below. Product revenue (GAAP and non-GAAP) for the third quarter of fiscal year 2023 was $149.5 million, or approximately 55% of total revenue in the period. This compares with product revenue (GAAP and non-GAAP) of $144.4 million in the third quarter of fiscal year 2022, which was approximately 55% of total revenue in the period. Service revenue (GAAP and non-GAAP) for the third quarter of fiscal year 2023 was $120.1 million, or approximately 45% of total revenue in the period. This compares with service revenue (GAAP and non-GAAP) of $117.8 million in the third quarter of fiscal year 2022, which was approximately 45% of total revenue for the period. NETSCOUT’s income from operations (GAAP) was
View on SEC.gov

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NETSCOUT SYSTEMS INC filing history →

Source: SEC EDGAR
accession 0001157523-23-000093
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