NetScout Systems (NASDAQ:NTCT) reported its Q3 earnings results on Thursday, January 27, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
NetScout Systems beat estimated earnings by 43.55%, reporting an EPS of $0.89 versus an estimate of $0.62, which surprised analysts.
Revenue was up $33.45 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09, which was followed by a 2.48% increase in the share price the next day.
Here's a look at NetScout Systems's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.39 | 0.44 | 0.52 |
| EPS Actual | 0.47 | 0.20 | 0.49 | 0.66 |
| Revenue Estimate | 206.33M | 208.44M | 215.09M | 228.90M |
| Revenue Actual | 211.92M | 190.27M | 213.39M | 228.74M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
