---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-256954"
form_type: "8-K"
ticker: "NTCT"
cik: "0001078075"
company_name: "NETSCOUT SYSTEMS INC"
filed_at: "2023-10-16T23:59:59+00:00"
generated_at: "2026-06-09T23:04:59.828678+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NETSCOUT cuts FY2024 revenue guidance 8%; cites slowing order conversion from industry headwinds

## Summary
- Preliminary Q2 revenue $195-197M; GAAP EPS $0.28-0.30, non-GAAP EPS $0.60-0.62.
- FY2024 revenue outlook lowered to $840-860M from prior $915-945M.
- Non-GAAP EPS outlook reduced to $2.00-2.20 from $2.20-2.32; GAAP EPS cut to $0.69-0.89.
- Company blames delayed project funding from service provider capital spending pressures and macro weakness.
- Management implementing discretionary cost actions to mitigate earnings impact.

## SEC filing metadata
- accession: 0001193125-23-256954
- form_type: 8-K
- ticker: NTCT
- cik: 0001078075
- company_name: NETSCOUT SYSTEMS INC
- filed_at: 2023-10-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078075/000119312523256954/0001193125-23-256954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078075/000119312523256954/d511174d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-256954
- JSON: https://secwatch.observer/filing/0001193125-23-256954.json
- Plain text: https://secwatch.observer/filing/0001193125-23-256954.txt

## Key facts
- Earnings Releases
  NETSCOUT SYSTEMS INC reported second quarter ended September 30, 2023 results: revenue in the range of $195 million to $197 million, EPS GAAP net income per share (diluted) is expected to be in the range of $0.28 to $0.30 and non-GAAP net income per share (.
  - Period: second quarter ended September 30, 2023
  - Revenue: in the range of $195 million to $197 million
  - EPS: GAAP net income per share (diluted) is expected to be in the range of $0.28 to $0.30 and non-GAAP net income per share (
  - Result: preliminary results
  source text: the completion of the Company’s quarter-end review process. Preliminary Second Quarter Fiscal Year 2024 Results: • Revenue (GAAP and non-GAAP) is expected to be in the range of $195 million to $197 million. • GAAP net income per share (diluted) is expected to be in the range of $0.28 to $0.30 and non- GAAP net income per share (diluted) is expected to be in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000119312523256954/0001193125-23-256954-index.htm

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