{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-032902","form_type":"8-K","ticker":"NTCT","cik":"0001078075","company_name":"NETSCOUT SYSTEMS INC","filed_at":"2024-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.108004+00:00","generated_at":"2026-05-31T16:09:44.638232+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NETSCOUT Q1 revenue $174.6M, down 17% YoY; records $427M goodwill impairment","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-032902","json":"https://secwatch.observer/filing/0001628280-24-032902.json","markdown":"https://secwatch.observer/filing/0001628280-24-032902.md","text":"https://secwatch.observer/filing/0001628280-24-032902.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1078075/000162828024032902/0001628280-24-032902-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1078075/000162828024032902/ntct-20240725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T16:09:44.638232+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}