earnings
confidence high
sentiment negative
materiality 0.75
NETSCOUT Q1 revenue $174.6M, down 17% YoY; records $427M goodwill impairment
NETSCOUT SYSTEMS INC
2025-Q1 EPS reported
-$6.20
revenue$174,565,000
- GAAP net loss $443.4M ($6.20 diluted) vs loss $4.2M ($0.06) YoY; non-GAAP net income $20.6M ($0.28) vs $22.7M ($0.31).
- Non-cash goodwill impairment of $427.0M and restructuring charge of $16.6M drove the GAAP loss.
- FY2025 revenue guidance unchanged $800M-$830M; non-GAAP EPS unchanged $2.10-$2.30; GAAP EPS revised to ($5.28)-($5.03).
- Voluntary Separation Program to reduce ~150 employees (~6.5% workforce); Q1 charge $16.6M, expects $3-5M in Q2.
- Cash and investments $407.2M; repurchased 1.35M shares at $18.55 avg; repaid $25M revolver, balance $75M.