Posts in NetScout Systems (NTCT)
Large Deals Drive Q2 '20 Beat and Improved 2H Visibility

NetScout Systems (NTCT) reported Q2 ’20 results above expectations. The closure of a large deal that slipped from the prior quarter and funding of previously awarded government projects not only boosted the company’s performance in Q2, but also prompted a favorable outlook for Q3 as a portion of the orders are expected to ship this quarter.

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Sluggish Start Sets a High Hurdle for 2H '20

NetScout Systems’ (NTCT) fiscal Q1 ’20 results were marred by a revenue shortfall, but tight cost controls enabled the company to post non-GAAP EPS in line with expectations. Delays in securing several service provider deals were the primary culprit for the top line miss, although sales execution challenges also surfaced internationally on the enterprise side.

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