Netscout Sys Inc Stock Price, News & Analysis

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has released its inaugural Environmental, Social, and Governance (ESG) Report, highlighting its ongoing initiatives in sustainability, Diversity, Equity, and Inclusion (DEI), and corporate social responsibility. Key achievements include a 12.1% reduction in energy usage across engineering labs and a $100,000 grant towards digital inclusion programs. The company emphasizes its commitment to ethical governance and long-term value creation, aiming to address environmental challenges and foster community engagement.

NETSCOUT SYSTEMS, INC. (NTCT) reported a solid first quarter for fiscal year 2022, with total revenue reaching $190.3 million, an increase from $183.8 million year-over-year. Product revenue surged to $82.0 million, accounting for 43% of total revenue, while service revenue declined to $108.3 million, making up 57%. The company's net loss decreased to $11.3 million or $0.15 per share, compared to a loss of $17.4 million or $0.24 per share a year earlier. NETSCOUT maintains its revenue guidance of $835 million to $865 million for the year.

NETSCOUT SYSTEMS (NASDAQ: NTCT) launched Smart Edge Monitoring, a new solution providing IT teams with enhanced visibility for managing user experiences across hybrid networks. This architecture integrates smart data analytics with synthetic transaction testing to identify and resolve performance issues rapidly. Key use cases include UCaaS management, work-from-home monitoring, and cloud migration analysis. The solution aims to fill visibility gaps in multi-vendor environments, boosting operational efficiency and user satisfaction.

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) is set to announce its first-quarter fiscal year 2022 financial results for the period ending June 30, 2021, on July 29, 2021, at 7:30 a.m. ET. A conference call will follow at 8:30 a.m. ET, with the call accessible via (785) 424-1670 and ID NTCTQ122. Replays will be available after 12:00 p.m. ET on the same day. NETSCOUT specializes in ensuring digital business services against disruptions, combining patented smart data technology with analytics for enhanced visibility and performance. For further details, visit their website.

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has announced its participation in the Baird 2021 Global Consumer, Technology, and Services Conference on Thursday, June 10, 2021. The event will be held virtually, featuring a series of one-on-one meetings with key executives including Jean Bua (EVP and CFO), Dr. Vikram Saksena (Office of the CTO), and Tony Piazza (VP of Corporate Finance).

NETSCOUT specializes in service assurance, security, and business analytics, ensuring digital business services against disruptions.

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has announced its participation in two virtual investor events. The first is the Piper Sandler RSA “Coffee and Chat” Security Event on May 18, 2021, from 10:00 AM to 10:50 AM ET, featuring Darren Anstee and Dr. Vikram Saksena. The second event is the Needham Technology & Media Conference on May 20, 2021, with participation limited to 1x1s, featuring Jean Bua, Dr. Vikram Saksena, and Tony Piazza. These events showcase NETSCOUT's leadership in service assurance, security, and analytics.

NETSCOUT SYSTEMS, INC. (NTCT) reported Q4 and FY21 financial results, achieving a net income of $11.4 million ($0.15 per share), up from $7.3 million last year. Total revenue for Q4 was $213.4 million, down from $229.4 million year-over-year, with product revenue at $99.1 million compared to $116.5 million. For FY21, total revenue was $831.3 million, a decline from $891.8 million in FY20. NETSCOUT forecasts FY22 revenue between $835 million to $865 million and GAAP net income per share of $0.44 to $0.50. The company emphasizes strong customer support and investments for future growth.

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) is sponsoring its seventh civic hackathon in collaboration with the Shooting Stars Foundation. This virtual event on May 8 invites students to explore the theme “Life in 2031,” fostering STEM skills and community engagement. Participants, including minority students from 22 U.S. states and several countries, will create solutions to future challenges. The event includes workshops, keynote addresses by NETSCOUT executives, mentorships, and prize awards, aiming to inspire creativity and innovation among youth.

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) will announce its fourth-quarter and full fiscal year 2021 financial results on May 6, 2021, at 7:30 a.m. ET. A conference call will follow at 8:30 a.m. ET, with replay options available later in the day. NETSCOUT specializes in digital business service assurance, utilizing patented smart data technology and analytics to enhance availability, performance, and security. Their solutions, including nGenius service assurance and Arbor security, aim to support organizations' digital transformations.