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
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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
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