Posts in NetScout Systems (NTCT)
Software-Only Sales Fuel Strong Q2 ’22 Results; Raising Price Target from $33 to $37

NetScout Systems (NTCT) reported strong Q2 ’22 results, exceeding our estimates and consensus top to bottom. We were particularly encouraged to see a second consecutive quarter of double-digit growth in Product sales, which management attributed to the release of pent-up demand in enterprise and a significant increase in the mix of software-only sales.

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