NetScout Systems (NASDAQ:NTCT) Releases FY25 Earnings Guidance

NetScout Systems (NASDAQ:NTCT) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.10-$2.30 for the period, compared to the consensus 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.

Analyst Ratings Changes

Separately, StockNews.com downgraded NetScout Systems from a strong-buy rating to a buy rating in a research note on Wednesday.

NetScout Systems Price Performance

NASDAQ NTCT traded up $2.12 during trading hours on Thursday, reaching $20.37. The company’s stock had a trading volume of 1,405,230 shares, compared to its average volume of 720,989. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of -9.70 and a beta of 0.60. NetScout Systems has a 1-year low of $17.10 and a 1-year high of $30.37. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.70 and a quick ratio of 1.67. The company’s 50-day moving average is $19.06 and its two-hundred day moving average is $20.43.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings results on Thursday, May 9th. The technology company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). The company had revenue of $203.44 million during the quarter, compared to analysts’ expectations of $215.94 million. NetScout Systems had a negative net margin of 17.81% and a positive return on equity of 5.11%. On average, equities analysts predict that NetScout Systems will post 1.34 EPS for the current year.

Insider Activity

In other NetScout Systems news, COO Michael Szabados sold 5,000 shares of the firm’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 sale, the chief operating officer now directly owns 21,084 shares in the company, valued at $430,324.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 3.59% of the company’s stock.

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.