{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000093","form_type":"8-K","ticker":"NTCT","cik":"0001078075","company_name":"NETSCOUT SYSTEMS INC","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.795355+00:00","generated_at":"2026-06-20T07:47:58.773089+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NETSCOUT Q3 FY2023 revenue $269.5M, non-GAAP EPS $1.00; raises FY2023 EPS guidance","bullets":["Q3 revenue $269.5M (+3% YoY); GAAP EPS $0.72, non-GAAP EPS $1.00.","FY2023 revenue guidance narrowed to $905-915M; GAAP EPS raised to $0.71-0.75, non-GAAP to $2.06-2.10.","Cash & securities $416.2M; completed $150M ASR and repaid $150M debt during Q1/Q3.","Board adds Shannon Nash and Marlene Pelage in January 2023, expanding board to 11 directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000093","json":"https://secwatch.observer/filing/0001157523-23-000093.json","markdown":"https://secwatch.observer/filing/0001157523-23-000093.md","text":"https://secwatch.observer/filing/0001157523-23-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1078075/000115752323000093/0001157523-23-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1078075/000115752323000093/a53291017.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:47:58.773089+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"834ff954d053477662428b197a533e1891146455","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1078075/000115752323000093/0001157523-23-000093-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first nine months of fiscal year 2023 ended December 31, 2022"},{"label":"Revenue","value":"$706.4 million"},{"label":"Net income","value":"$62.9 million"},{"label":"EPS","value":"$0.86 per share (diluted)"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d1c29f579a9bcfdddd1bdca5a4c5dc7f2f91192d","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1078075/000115752323000093/0001157523-23-000093-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal year 2023 ended December 31, 2022"},{"label":"Revenue","value":"$269.5 million"},{"label":"Net income","value":"$52.6 million"},{"label":"EPS","value":"$0.72 per share (diluted)"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}