---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001168"
form_type: "8-K"
ticker: "NTCT"
cik: "0001078075"
company_name: "NETSCOUT SYSTEMS INC"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:41:14.132063+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NetScout Q1 FY2024 revenue $211.1M, non-GAAP EPS $0.31, reiterates FY2024 guidance

## Summary
- Revenue $211.1M, up 1.1% YoY; product revenue $94.7M (down from $98.3M), service revenue $116.5M (up from $110.6M).
- GAAP net loss $4.2M ($0.06 loss per share) vs loss $7.1M a year ago; non-GAAP net income $22.7M ($0.31 EPS) vs $18.1M ($0.24 EPS).
- GAAP operating loss $4.7M improved from $9.1M; non-GAAP operating margin 14.0% vs 11.7%.
- Product backlog fulfillable orders $12M, down from $39M a year ago.
- Reiterates FY2024 guidance: revenue $915M-$945M, GAAP EPS $0.86-$0.98, non-GAAP EPS $2.20-$2.32.

## SEC filing metadata
- accession: 0001157523-23-001168
- form_type: 8-K
- ticker: NTCT
- cik: 0001078075
- company_name: NETSCOUT SYSTEMS INC
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078075/000115752323001168/0001157523-23-001168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078075/000115752323001168/a53482200.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001168
- JSON: https://secwatch.observer/filing/0001157523-23-001168.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001168.txt

## Key facts
- Earnings Releases
  NETSCOUT SYSTEMS INC reported first quarter of fiscal year 2024 ended June 30, 2023 results: revenue $211.1 million, net income Net loss (GAAP) for the first quarter of fiscal year 2024 was $4.2 million, EPS net loss of $0.06 per share (diluted). Guidance reaffirmed.
  - Period: first quarter of fiscal year 2024 ended June 30, 2023
  - Revenue: $211.1 million
  - Net income: Net loss (GAAP) for the first quarter of fiscal year 2024 was $4.2 million
  - EPS: net loss of $0.06 per share (diluted)
  - Guidance: reaffirmed
  - Result: reported results
  source text: outlook and remain focused on delivering long-term stakeholder value.” Q1 FY24 Financial Results Total revenue (GAAP and non-GAAP) for the first quarter of fiscal year 2024 was $211.1 million, compared with $208.8 million (GAAP and non-GAAP) in the first quarter of fiscal year 2023. A reconciliation of all GAAP and non-GAAP results are included in the financial
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000115752323001168/0001157523-23-001168-index.htm

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