NetScout Systems (NTCT) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 115.38%. A quarter ago, it was expected that this provider of products that gauge network performance would post earnings of $0.53 per share when it actually produced earnings of $0.55, delivering a surprise of 3 ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 OR Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-26251 NETSCOUT SYSTEMS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of in ...

NetScout Systems, Inc. (NASDAQ:NTCT) Q4 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Tony Piazza - Senior Vice President, Finance Anil Singhal - President & Chief Executive Officer Michael Szabados - Chief Operating Officer Jean Bua - Executive Vice President & Chief Financial Officer Conference Call Participants Dan Bergstrom - RBC Capital Kevin Liu - K. Liu & Company Operator Ladies and gentlemen, thank you for standing by, and welcome to NetScout's Fourth Quarter and Full Fis ...

| --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | CEO | | | | | | Q4 FY'23 Q4 FY'24 FY'23 FY'24 77.6% 77.2% 77.5% 79.4% 0.38 Cybersecurity offering revenue grew in Q4 and for the full fiscal year 2024 but was more than offset by the constrained spending environment in the Service Assurance area, primarily related to the domestic service provider customer vertical. 1 Q4 FY 2024 Conference Call NETSCO ...

NetScout Systems (NTCT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.77%. A quarter ago, it was expected that this provider of products that gauge network performance would post earnings of $0.38 per share when it actually produced earnings of $0.73, delivering a surprise of 92.1 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-26251 NETSCOUT SYSTEMS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 04-2837575 (Stat ...

©2024 NETSCOUT January 25, 2024 • Introduction & Safe Harbor – Anil Singhal, President and CEO – Michael Szabados, Chief Operating Officer – Jean Bua, EVP and CFO Safe Harbor January 25, 2024 Regulation G Disclosure. To supplement the financial measures presented in NETSCOUT's press release in accordance with accounting principles generally accepted in the Unit NETSCOUT also reports the following non-GAP measures: non-GA4P gross profit, non-GA4P income from operations, non-GA4P net income, non-G4P diluted n ...

Financial Data and Key Metrics Changes - For the first nine months of fiscal year 2024, revenue was $626 million, down approximately 11% year-over-year [6] - Non-GAAP diluted earnings per share for the quarter was $0.73, a decrease of 27% year-over-year [42] - Gross profit margin was 81.8% in the third quarter, up 1.3 percentage points year-over-year [35] - Operating profit margin was 29% compared to 35.5% in the same quarter last year [51] - Free cash flow for the quarter was $12.7 million [78] Business Line Data and Key Metrics Changes - Cybersecurity revenue grew more than 13% year-over-year, while service assurance revenue declined approximately 20% [6][44] - For the first nine months, enterprise customer vertical revenue was effectively flat, while service provider customer vertical revenue decreased 22.1% [14] - Product revenue was $95.8 million, a decrease of 35.9%, while service revenue was $122.2 million, up 1.8% year-over-year [76] Market Data and Key Metrics Changes - 59% of revenue was derived from the United States, with the remaining 41% from international markets [52] - The service provider market remains challenging, especially for U.S. Tier-1 service providers due to capital spending constraints [69] Company Strategy and Development Direction - The company is focused on leveraging its Visibility Without Borders platform to tackle performance, availability, and cybersecurity challenges [9] - There is an emphasis on enhancing cybersecurity solutions and extending visibility to the edge to support digital transformation [7] - The company aims to reduce dependency on the service assurance service provider business and is optimistic about potential growth from 5G adoption [25] Management's Comments on Operating Environment and Future Outlook - Management anticipates delivering full fiscal year 2024 revenue at the low end of the previously disclosed outlook range, approximately $840 million [70] - Despite near-term headwinds, management believes fundamental longer-term demand trends remain intact for cybersecurity and service assurance solutions [46] - The macro environment remains challenging with constrained customer spending and elongated sales cycles [41] Other Important Information - The company ended the third quarter with $100 million outstanding on its $800 million revolving credit facility [53] - The effective tax rate is expected to be at the lower end of the range of 20% to 22% [54] Q&A Session Summary Question: Can you talk about the relationship between the pace of DDoS attacks and your cyber performance? - Management noted that there is increasing interest in their Adaptive DDoS solutions due to the rise in new types of attacks [22] Question: Which verticals benefited from the year-end budget flush? - Management indicated that the flush was more pronounced on the cybersecurity side, with specific verticals seeing benefits [60] Question: What are the early expectations for next fiscal year regarding cybersecurity? - Management expects cybersecurity growth to continue, driven by new products and a strong pipeline [61] Question: What opportunities exist outside of Tier-1 service providers? - Management acknowledged challenges but sees potential in other segments as 5G adoption accelerates [62] Question: How is the integration of Arbor business affecting growth? - Management highlighted that the integration is leading to higher growth in the enterprise portion of DDoS solutions [86]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-26251 NETSCOUT SYSTEMS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 04-2837575 (Sta ...

Table of Contents Delaware 04-2837575 (State or Other Jurisdiction of Incorporation or Organization) (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-26251 NETSCOUT SYSTEMS, INC. (Exact Name of Registrant as Specified in Its Charter) UNITED STATES SECURITIES A ...