NetScout Systems (NTCT) Q2 Earnings and Revenues Beat Estimates

Company Performance - NetScout Systems (NTCT) reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.45 per share, but down from $0.61 per share a year ago, representing an earnings surprise of 4.44% [1] - The company achieved revenues of $191.11 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.20%, although this is a decrease from year-ago revenues of $196.8 million [1] - Over the last four quarters, NetScout has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [1] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.71 on revenues of $219.08 million, and for the current fiscal year, it is $2.20 on revenues of $807.39 million [4] - The estimate revisions trend for NetScout is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Industry Context - The Computer - Networking industry, to which NetScout belongs, is currently in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [5] - Another company in the same industry, Radcom (RDCM), is expected to report quarterly earnings of $0.19 per share, reflecting a year-over-year increase of 26.7%, with revenues projected at $15 million, up 13.6% from the previous year [5]