NetScout Systems (NASDAQ:NTCT – Get Free Report) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $2.10-$2.30 for the period, compared to the consensus earnings per share estimate of $2.12. The company issued revenue guidance of $800-$830 million, compared to the consensus revenue estimate of $807.86 million. NetScout Systems also updated its FY 2025 guidance to 2.100-2.300 EPS.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered NetScout Systems from a strong-buy rating to a buy rating in a research note on Wednesday.
Read Our Latest Research Report on NetScout Systems
NetScout Systems Trading Up 11.6 %
NetScout Systems (NASDAQ:NTCT – Get Free Report) last posted its earnings results on Thursday, May 9th. The technology company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.03). NetScout Systems had a positive return on equity of 5.11% and a negative net margin of 17.81%. The company had revenue of $203.44 million for the quarter, compared to analyst estimates of $215.94 million. As a group, research analysts expect that NetScout Systems will post 1.34 EPS for the current fiscal year.
Insider Activity at NetScout Systems
In other NetScout Systems news, COO Michael Szabados sold 5,000 shares of the company’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $20.41, for a total value of $102,050.00. Following the transaction, the chief operating officer now directly owns 21,084 shares of the company’s stock, valued at approximately $430,324.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 3.59% of the stock is owned by company insiders.
NetScout Systems Company Profile
NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.
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