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0 0 0 -0.0083867166443105 0.00247798852519986 0.0020601152494494 -0.0125654494018144 -0.00713309681705926
Stock impact report

Strength Seen in NetScout (NTCT): Can Its 9.1% Jump Turn into More Strength? [Yahoo! Finance]

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: Yahoo! Finance
This compares to the stock's 3.8% gain over the past four weeks. The increase in share price can be attributed to strength in the cybersecurity business. The company is focused on advancing several technology initiatives, including Dynamic DDoS and Mobile DDoS security as well as Omnis Cybersecurity solutions. The company expects acceleration in 5G adoption to boost demand for its visibility and cybersecurity solutions. Extensive cost-cutting efforts to manage discretionary spending bodes well. The company reported better-than-expected third quarter fiscal 2024 revenues driven by timing of customer budget spending. For fiscal 2024, the company now expects revenues (GAAP and Non-GAAP) to be $840 million. This provider of products that gauge network performance is expected to post quarterly earnings of $0.54 per share in its upcoming report, which represents a year-over-year change of +42.1%. Revenues are expected to be $215.07 million, up 3.4% from the year-ago quarter. Earning Show less Read more
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