---
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"
generated_at: "2026-06-20T07:47:58.773089+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- 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/1078075/000115752323000093/0001157523-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078075/000115752323000093/a53291017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000093
- JSON: https://secwatch.observer/filing/0001157523-23-000093.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000093.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1078075/000115752323000093/0001157523-23-000093-index.htm
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1078075/000115752323000093/0001157523-23-000093-index.htm

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