NetScout Systems (NTCT) reported fiscal Q1 ’23 results slightly ahead of our estimates and consensus. Revenue increased 10% Y/Y as robust growth in the service provider vertical more than offset a decline in enterprise sales.
Read MoreNetScout Systems (NTCT) reported Q4 ’22 results ahead of our estimates and consensus. Recall that the company benefited from the earlier than anticipated closure of several large service provider deals in Q3, which negatively affected the reported growth rate for Q4.
Read MoreNetScout Systems (NTCT) reported Q3 ’22 results well above expectations driven by the earlier than anticipated closure of several large service provider deals and a continued resurgence in the enterprise vertical.
Read MoreNetScout 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.
Read MoreNetScout Systems (NTCT) reported Q1 ’22 results ahead of expectations. The upside was attributed to stronger than anticipated growth in Product sales, which benefited from spending on both service assurance and security solutions by domestic cable operators and the acceptance of a project implementation by an international carrier one quarter earlier than anticipated.
Read More