---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000725"
form_type: "8-K"
ticker: "NTCT"
cik: "0001078075"
company_name: "NETSCOUT SYSTEMS INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T19:47:03.895367+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NetScout Q4 revenue $208.1M, non-GAAP EPS $0.38; FY2023 revenue $914.5M, guides FY24 rev $915-945M

## Summary
- Q4 total revenue $208.1M (+8.8% YoY); product rev $91.3M, service rev $116.8M.
- Q4 GAAP net loss $3.2M ($0.05 loss/share) vs loss of $8.4M ($0.11) YoY; non-GAAP net income $27.2M ($0.38) vs $21.6M ($0.29).
- Full FY2023 revenue $914.5M (+6.9% YoY); GAAP net income $59.6M ($0.82) vs $35.9M ($0.48); non-GAAP net income $159.6M ($2.18) vs $138.4M ($1.84).
- FY2024 guidance: revenue $915-945M, GAAP EPS $0.86-0.98, non-GAAP EPS $2.20-2.32.
- Repaid $100M revolver, ending debt $100M; repurchased 4.6M shares for $150M in FY23, none in Q4.

## SEC filing metadata
- accession: 0001157523-23-000725
- form_type: 8-K
- ticker: NTCT
- cik: 0001078075
- company_name: NETSCOUT SYSTEMS INC
- filed_at: 2023-05-04T23:59:59+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/1078075/000115752323000725/0001157523-23-000725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078075/000115752323000725/a53392909.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000725
- JSON: https://secwatch.observer/filing/0001157523-23-000725.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000725.txt

## Key facts
- Earnings Releases
  NETSCOUT SYSTEMS INC reported full fiscal year 2023 results: revenue $914.5 million, net income $59.6 million, EPS $0.82 per share (diluted).
  - Period: full fiscal year 2023
  - Revenue: $914.5 million
  - Net income: $59.6 million
  - EPS: $0.82 per share (diluted)
  - Result: reported results
  source text: Total revenue (GAAP and non-GAAP) for the full fiscal year 2023, was $914.5 million, compared with total revenue (GAAP and non-GAAP) of $855.6 million in fiscal year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000115752323000725/0001157523-23-000725-index.htm
- Earnings Releases
  NETSCOUT SYSTEMS INC reported fourth quarter of fiscal year 2023 results: revenue $208.1 million, net income $3.2 million, EPS net loss of $0.05 per share (diluted).
  - Period: fourth quarter of fiscal year 2023
  - Revenue: $208.1 million
  - Net income: $3.2 million
  - EPS: net loss of $0.05 per share (diluted)
  - Result: reported results
  source text: Total revenue (GAAP and non-GAAP) for the fourth quarter of fiscal year 2023 was $208.1 million, compared with $191.2 million (GAAP and non-GAAP) in the fourth quarter of fiscal year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000115752323000725/0001157523-23-000725-index.htm
- Earnings Releases
  NETSCOUT SYSTEMS INC reported fiscal year 2024 results: revenue in the range of $915 million to $945 million, EPS GAAP net income per share (diluted) in the range of $0.86 to $0.98. Guidance initiated.
  - Period: fiscal year 2024
  - Revenue: in the range of $915 million to $945 million
  - EPS: GAAP net income per share (diluted) in the range of $0.86 to $0.98
  - Guidance: initiated
  - Result: guidance update
  source text: The Company’s financial outlook for fiscal year 2024 is anticipated to be as follows: Revenue (GAAP and non-GAAP) in the range of $915 million to $945 million. GAAP net income per share (diluted) in the range of $0.86 to $0.98.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000115752323000725/0001157523-23-000725-index.htm

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