NETSCOUT Systems Inc. reports developments in enterprise network observability, carrier service assurance, cybersecurity and Distributed Denial-of-Service protection. The company’s updates commonly address fiscal results, service assurance and cybersecurity revenue trends, financial outlooks, and the role of its visibility platform and deep packet inspection at scale technology in monitoring performance, availability and security across digital networks.
Recurring product news includes observability enhancements, AIOps capabilities, AI-ready smart data for communications service providers, DDoS threat intelligence, and SSL/TLS certificate monitoring. NETSCOUT also reports corporate and portfolio actions, including its completed acquisition of assets from DigiCert’s DDoS protection business, alongside investor conference participation and earnings-call announcements.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) reported strong financial results for Q2 FY2023, with total revenue of $228.1 million, up from $211.9 million in Q2 FY2022. Product revenue increased to $111.8 million, while service revenue rose to $116.3 million. Net income grew to $17.4 million or $0.24 per share, compared to $7.9 million or $0.11 per share last year. The company maintains its FY2023 revenue guidance of $895 million to $925 million. Despite economic challenges, NETSCOUT emphasizes its role in enhancing cybersecurity and service assurance globally.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) will announce its second-quarter fiscal year 2023 financial results for the period ending September 30, 2022, on Thursday, October 27, 2022, at 7:30 a.m. ET. A conference call will follow at 8:30 a.m. ET, accessible by phone or live webcast. The call replay will be available post-event. NETSCOUT specializes in advanced network detection and response, serving major enterprises and public sector organizations worldwide, thereby ensuring protection against cyberattacks and performance disruptions.
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NETSCOUT SYSTEMS (NASDAQ: NTCT) has validated the integration of its Omnis® Cyber Intelligence (OCI) with Palo Alto Networks Panorama™. This combination enhances enterprise security operations by providing packet-level visibility for threat detection and response. The integration allows for faster remediation of security risks and reduces the need for manual operations. By leveraging advanced technologies, NETSCOUT OCI enables joint customers to efficiently manage network and security challenges across both on-premises and multi-cloud environments.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has partnered with Aruba to integrate its services with AWS Cloud WAN and Aruba EdgeConnect Enterprise SD-WAN. The collaboration enhances visibility into workloads across data centers and cloud applications, aiming to improve end-user experience. Aruba's SD-WAN platform enables businesses to adapt to network changes efficiently while maintaining performance, security, and compliance. NETSCOUT's IT department is already leveraging this solution for operational efficacy, connecting its various environments across AWS. This initiative reflects NETSCOUT's commitment to delivering robust connectivity solutions.
NETSCOUT (NASDAQ: NTCT) introduces Arbor Insight, enhancing its Arbor Sightline solution for improved DDoS protection and network operator visibility. This advanced technology leverages metadata to provide comprehensive traffic analytics and enhance threat detection capabilities. With DDoS attacks exceeding pre-pandemic levels, Arbor Insight equips network operators with critical datasets for effective monitoring and response. The integration of customizable Advanced Traffic Reports (ATRs) allows for immediate visibility into traffic dynamics, aiding in defense optimization and potentially increasing revenue for operators.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) reported strong financial results for Q1 FY2023, with total revenue of $208.8 million, up from $190.3 million year-over-year. The company achieved improved diluted earnings per share of $0.24 (non-GAAP) compared to $0.20 in Q1 FY2022. Despite a GAAP net loss of $7.1 million, operational metrics showed improvement, with a non-GAAP operating margin of 11.7%. The company is maintaining its revenue guidance of $895 million to $925 million for FY2023 but updated the GAAP diluted net income per share outlook to a range of $0.62 to $0.68.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) is set to announce its first-quarter fiscal year 2023 financial results for the period ending June 30, 2022, on August 4, 2022, at approximately 7:30 a.m. ET.
The company will host a conference call at 8:30 a.m. ET on the same day, with a replay available post 12:00 p.m. ET. NETSCOUT focuses on cybersecurity and network performance, servicing large enterprises and public sectors through advanced network detection and visibility.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has launched an AI-driven solution that enhances its ability to combat DDoS attacks, allowing for automated blocking of up to 90% of attack traffic. This innovation utilizes data from NETSCOUT's ATLAS network, which monitors a significant portion of global Internet traffic and DDoS activities. The new feature, Omnis ATLAS Intelligence Feed (AIF), integrates with existing security systems to streamline operations and reduce risks for customers. This development aims to minimize the impact of DDoS incidents on businesses.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) released findings from a Forrester Consulting study indicating that its Omnis® AED solution provides an impressive 201% ROI over three years. The study emphasized reduced time to detect and respond to cyberattacks, saving 144 hours, and suggesting a net present value of $3.37 million with a payback period of just seven months. Additional benefits include enhanced DDoS protection, operational efficiencies, and unquantified advantages like improved application uptime and brand reputation.