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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) 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.
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NETSCOUT SYSTEMS, INC (NASDAQ: NTCT) has announced a collaboration with Dell Technologies OEM Solutions aimed at providing agile, cost-effective I.T. solutions for medium-to-large enterprises. The partnership involves certifying Dell's PowerEdge servers and PowerSwitch switches to operate seamlessly with NETSCOUT's nGenius Packet Flow Operating System (PFOS) and InfiniStreamNG (ISNG) software. A bundled solution will be sold with a three-year warranty, initially targeting U.S. customers, with plans for international expansion.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) reported its third-quarter fiscal 2021 results, revealing total revenue of $228.7 million, down from $260.0 million year-over-year. Product revenue declined to $115.0 million, while service revenue was $113.8 million. The company’s net income was $29.0 million, or $0.39 per share (GAAP), compared to $36.7 million, or $0.49 per share, in the prior year. NETSCOUT raised its fiscal year 2021 earnings outlook, projecting revenue between $825 million and $840 million, with diluted EPS expected between $0.21 and $0.28.
NETSCOUT SYSTEMS (NASDAQ: NTCT) will announce its third-quarter fiscal year 2021 financial results on January 28, 2021, at 7:30 a.m. ET. The results will cover the period ending December 31, 2020. A conference call will follow at 8:30 a.m. ET, accessible at (785) 424-1667 with ID NTCTQ321. A replay will be available post-call. NETSCOUT specializes in protecting digital business services with its smart data technology, offering solutions for service assurance and security against DDoS attacks.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has expanded its Smart Perimeter Protection to AWS, integrating Cyber Investigator and CyberStream software with new AWS packet access services. This solution enhances cost-efficiency and cybersecurity as enterprises migrate to the cloud, utilizing packet data for rapid root cause analysis. Collaboration with AWS includes Gateway Load Balancer, enabling efficient traffic management within cloud environments. NETSCOUT aims to provide consistent visibility and control for applications regardless of their hosting location, evidenced by enhanced security forensics capabilities.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has partnered with Tech Goes Home (TGH) to provide digital devices, internet access, and training to over 160 households in Roxbury. Sponsored by a generous grant, NETSCOUT will support virtual TGH courses at Boston Central Adult High School and Vine Street Community Center. Each participant receives a free computer, essential digital skills training, and free internet service for a year. This initiative aims to bridge the digital divide exacerbated by the COVID-19 pandemic, offering critical resources for job applications, financial management, and telehealth access.