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Stock impact report

NETSCOUT Reports Second Quarter Fiscal Year 2020 Financial Results

NetScout Systems, Inc. (NTCT) 
Last netscout systems, inc. earnings: 1/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.netscout.com
Company Research Source: Business Wire
WESTFORD, Mass.--(BUSINESS WIRE)--NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of service assurance, security, and business analytics, today announced financial results for its second quarter fiscal year 2020 ended September 30, 2019.“We delivered solid second-quarter results with both non-GAAP revenue and earnings per share performance exceeding the high-end of our expectation,” stated Anil Singhal, NETSCOUT’s president and chief executive officer. “A large order in our service provider sector, which was delayed from last quarter, along with strong government spending contributed to our performance for the quarter.”Commenting on the Company’s plans and outlook for fiscal year 2020, Singhal said, “We are re-affirming our non-GAAP revenue guidance range of $895 million to $915 million and remain committed to managing our cost structure to deliver non-GAAP EPS within our guidance range of $1.45 to $1.50, which has been increased as a result of capital structure manageme Show less Read more
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