Highest-materiality recent filing
NETSCOUT Q1 FY2027 revenue up 12.7% to $210.4M; GAAP EPS $0.29 vs loss of $0.05 YoY
Total revenue $210.4M, up 12.7% YoY; product revenue $86.0M (+17.8%), service revenue $124.4M (+9.4%).
NetScout Systems dismisses PwC, appoints KPMG as new auditor for FY2027
Audit committee dismissed PwC and appointed KPMG for fiscal year ending March 31, 2027.
NETSCOUT Q4 rev $203M, FY26 rev $859.5M; FY27 guidance up 4.7% midpoint; acquires DigiCert DDoS
Q4 FY26 revenue $203M (down 1% YoY), product $80.7M, service $122.3M; non-GAAP EPS $0.52 flat.
NETSCOUT beats Q3 expectations; raises FY26 guidance midpoints
Q3 revenue $250.7M (vs $252.0M YoY); GAAP EPS $0.75 (vs $0.67); Non-GAAP EPS $1.00 (vs $0.94).
NETSCOUT Q2 revenue $219M beats expectations; raises FY2026 guidance
Q2 revenue $219.0M (+14.6% YoY); GAAP net income $25.8M ($0.35 diluted) vs $9.0M a year ago.
Board elected Robert E. Donahue, John R. Egan, Marlene Pelage, Anil K. Singhal as Class II directors for three-year terms.
NetScout Q1 FY26 rev $186.7M (+7% YoY); non-GAAP EPS $0.34 vs $0.28; guidance reaffirmed
Product revenue $73.0M (39% of total) vs $61.2M; service revenue $113.8M (61%) flat YoY.
NetScout Q4 revenue $205M beats expectations; CFO/COO retirement, new appointments announced
Q4 revenue $205.0M vs $203.4M; GAAP EPS $0.25 vs ($0.46) loss; non-GAAP EPS $0.52 vs $0.55.
Q3 revenue $252.0M (+15.5% YoY); product rev $128.2M (51%) vs $95.8M (44%) YoY.
Q2 FY2025 revenue falls 2.9% YoY to $191.1M; non-GAAP EPS $0.47 vs $0.61
GAAP net income $9.0M ($0.13 EPS) vs $21.5M ($0.29 EPS) a year ago.
NetScout closes $600M senior secured revolver due Oct 2029
Five-year $600M revolving credit facility replaces prior agreement; matures Oct 4, 2029.
NetScout shareholders elect three Class I directors, approve 3.4M share increase in equity plan
Class I directors Alfred Grasso, Shannon Nash, Vivian Vitale elected with 49.3M, 56.1M, 50.7M for votes respectively.
NETSCOUT Q1 revenue $174.6M, down 17% YoY; records $427M goodwill impairment
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).
NETSCOUT Q4 revenue $203.4M, GAAP loss $0.46 (includes $50.2M goodwill); FY25 guidance $800-830M
GAAP op loss $37.0M (incl. $50.2M goodwill); non-GAAP op income $39.0M (19.2% margin).
NetScout Q3 revenue down 19% YoY; $167M goodwill impairment; FY24 guidance cut
Q3 revenue $218.1M (down 19% YoY); GAAP net loss $132.6M (-$1.87) vs net income $52.6M last year.
NetScout Q2 revenue down 13.7% to $196.8M; FY2024 guidance lowered on slowing order conversion
Q2 revenue $196.8M vs $228.1M YoY; product revenue fell 28% to $80.5M, service revenue flat at $116.3M.
NETSCOUT cuts FY2024 revenue guidance 8%; cites slowing order conversion from industry headwinds
Preliminary Q2 revenue $195-197M; GAAP EPS $0.28-0.30, non-GAAP EPS $0.60-0.62.
Shareholders approve 5.9M share increase under amended equity plan; board reduced to 10
Stockholders approved Amended 2019 Equity Incentive Plan, increasing authorized shares by 5,900,000.
NetScout Q1 FY2024 revenue $211.1M, non-GAAP EPS $0.31, reiterates FY2024 guidance
Revenue $211.1M, up 1.1% YoY; product revenue $94.7M (down from $98.3M), service revenue $116.5M (up from $110.6M).
NetScout reclassifies director Michael Szabados from Class I to Class III
Michael Szabados resigned as Class I director and was immediately reappointed as Class III director on July 19, 2023.
NetScout Q4 revenue $208.1M, non-GAAP EPS $0.38; FY2023 revenue $914.5M, guides FY24 rev $915-945M
Q4 total revenue $208.1M (+8.8% YoY); product rev $91.3M, service rev $116.8M.
NetScout amends credit agreement to replace LIBOR with term SOFR plus 0.10% spread adjustment
NetScout amended its credit agreement to replace LIBOR with term SOFR plus 0.10% credit spread adjustment for USD loans.
NETSCOUT Q3 FY2023 revenue $269.5M, non-GAAP EPS $1.00; raises FY2023 EPS guidance
Q3 revenue $269.5M (+3% YoY); GAAP EPS $0.72, non-GAAP EPS $1.00.
NetScout appoints Shannon Nash and Marlene Pelage to Board of Directors
Board expanded to 11 members; Nash (Class I) and Pelage (Class II) appointed effective Jan 24, 2023.
NETSCOUT Q2 FY2023: revenue $228.1M, EPS $0.24 GAAP/$0.57 non-GAAP, beats prior year
Total revenue $228.1M, up 7.6% YoY; product revenue $111.8M, service $116.3M.
NetScout shareholders approve 7M share increase in 2019 Equity Plan, elect three Class II directors
Approved amendment to 2019 Equity Incentive Plan, increasing authorized shares by 7,000,000.
NetScout Q1 FY23 revenue $208.8M (+10% YoY); non-GAAP EPS $0.24 vs $0.20; FY23 outlook reaffirmed
GAAP net loss of $0.10/diluted share vs net loss $0.15 last year; non-GAAP net income per share $0.24 vs $0.20.
NetScout enters $150M accelerated share repurchase with Mizuho and Wells Fargo
ASR agreements with Mizuho ($75M) and Wells Fargo ($75M) to repurchase $150M of common stock.
NETSCOUT reports Q4 revenue down 10% YoY but full year up 3%; guides FY2023 growth and $150M ASR
Q4 FY2022 total revenue $191.2M (-10% YoY); GAAP net loss $7.3M ($0.10 diluted) vs income $11.4M.
NetScout Q3 revenue $262.2M (+14.6% YoY); non-GAAP EPS $0.89 beats; FY22 guidance raised
GAAP net income $47.7M ($0.64 diluted) vs $29.0M ($0.39) a year ago; non-GAAP EPS $0.89 vs $0.66.
NETSCOUT Q2 FY22 revenue $211.9M, GAAP EPS $0.11, non-GAAP EPS $0.47; reiterates guidance
Total revenue $211.9M, up 3% YoY from $205.3M; product revenue $101.6M (+10% YoY), service revenue $110.3M (-3% YoY).
Alfred Grasso, Michael Szabados, Vivian Vitale re-elected as Class I directors; each received >85% of votes cast.
NetScout Q1 FY2022 revenue up 3.5% to $190.3M; non-GAAP EPS $0.20 beats year-ago $0.17
Total revenue $190.3M vs $183.8M YoY; product revenue $82.0M (+14.4%) offset service decline to $108.3M.
NetScout enters $800M senior secured revolving credit facility, maturing 2026
New $800M revolving credit facility replaces prior agreement; matures July 27, 2026.
Also on May 5, 2025, Michael Szabados informed the Board of his intention to step down as Chief Operating Officer of the Company, effective as of the Effective Date, as he transitions toward retirement.
On May 5, 2025, Jean Bua informed the Board of Directors (the “Board”) of the Company of her intention to step down as Chief Financial Officer of the Company, effective May 31, 2025
Marlene Pelage to serve as a Class II Director
Shannon Nash to serve as a Class I Director
Max materiality 0.85 · Median 0.72 · Most common event earnings