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NetScout Systems Inc. (Symbol: NTCT) is a leading provider of business assurance solutions, encompassing service assurance, cybersecurity, and business intelligence for the most demanding service provider, enterprise, and government networks. With their proprietary Adaptive Service Intelligence (ASI) technology, NetScout continuously monitors service delivery environments to identify performance issues and network-based security threats.
NetScout’s comprehensive solutions offer real-time and historical data, enabling organizations to understand and restore service quality, thus minimizing business disruptions and enhancing user experience. They deliver unmatched service visibility crucial for protecting the digital infrastructure that our connected world relies on.
The company generates revenue from the sale of network management tools and security solutions. It operates across various geographical regions, including the USA, which is its primary revenue source, followed by Europe, Asia, and the Rest of the World.
Recent achievements and ongoing projects underscore NetScout’s commitment to innovation and excellence in network performance and security. Their solutions are pivotal in ensuring seamless delivery and robust security for complex networks.
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NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) announced its Q3 FY24 financial results, reporting a total revenue of $218.1 million, a decrease from $269.5 million in Q3 FY23. The company experienced a non-cash goodwill impairment charge, resulting in a net loss of $132.6 million for Q3 FY24. The loss from operations was $134.4 million, with a negative operating margin of -61.7%. However, non-GAAP EPS performance is expected to be at the higher end of the range due to cost containment actions. The company's cash, cash equivalents, short- and long-term marketable securities, and investments decreased to $330.1 million as of December 31, 2023, from $427.9 million as of March 31, 2023.
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NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) will announce its third-quarter fiscal year 2024 financial results for the period ended December 31, 2023, on January 25, 2024, at 7:30 a.m. ET. A conference call and live webcast will be hosted at 8:30 a.m. ET on the same day. A replay of the call will be available after 12:00 p.m. ET on January 25th for approximately one week.
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DPI Consortium (DPI) provided USPTO training as part of the Patent Examiner Technical Training Program. The training featured leading technologists and founders who have led the development of DPI technology. The Consortium maintains a freely available prior art database including links to four decades' worth of product data sheets, articles, patents, and web pages documenting the development of DPI technology. DPI is a foundational technology used to assure the health and security of networks, applications, and services. The Consortium encourages the submission of materials related to the history and development of DPI technology to their database.
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NETSCOUT SYSTEMS, INC. launches Adaptive DDoS Protection for Arbor Edge Defense (AED) to defend against DNS water torture attacks, which increased by 353% in the first six months of 2023. The solution uses auto-learning and adaptive capabilities to protect against various DDoS attack techniques at scale.
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NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) will be participating in several investor events. On November 14, they will participate in the Needham Virtual Security, Networking, and Communications Conference. On November 15, they will have a Fireside Chat at the RBC Capital Markets Global Technology, Internet, Media, and Telecom Conference. And on November 29, they will participate in the UBS Global Technology Conference. The participation will be limited to 1x1 meetings and Fireside Chat. Key executives will be present at each event.
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NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) announced its Q2 financial results for the period ending September 30, 2023. Total revenue for the quarter was $196.8 million, compared to $228.1 million in the same period last year. Product revenue accounted for 41% of total revenue, while service revenue accounted for 59%. The company's income from operations was $26.3 million, with an operating margin of 13.4%. Net income for the quarter was $21.5 million, or $0.29 per share (diluted). Cash, cash equivalents, and investments totaled $332.6 million as of September 30, 2023.
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NETSCOUT reveals findings of Forrester study on benefits of deploying Arbor DDoS Protection Solution
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NETSCOUT Systems, Inc. announces preliminary unaudited financial results for Q2 2024 and updates outlook for full fiscal year 2024.
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NETSCOUT achieves AWS Security Competency for its advanced NDR product
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DDoS attacks increased by 31% YoY, reaching 7.9 million in 1H2023, driven by global events like the Russia-Ukraine war and NATO bids. Ideologically motivated attacks targeted multiple countries. DDoS attacks against wireless telecom providers increased by 79% in 2H2022 and 294% in APAC in 1H2023. HTTP/S application layer attacks grew by nearly 500% since 2019, while DNS reflection/amplification volumes increased by 17% in 1H2023. Carpet-bombing attacks rose by 55% to over 724 daily, and DNS water-torture attacks increased by 353%. Higher education and governments were disproportionately targeted. A small number of nodes were responsible for a significant number of attacks.
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FAQ
What is the current stock price of Netscout Systems (NTCT)?
The current stock price of Netscout Systems (NTCT) is $21.81 as of November 22, 2024.
What is the market cap of Netscout Systems (NTCT)?
The market cap of Netscout Systems (NTCT) is approximately 1.6B.
What does NetScout Systems Inc specialize in?
NetScout Systems Inc specializes in providing service assurance, cybersecurity, and business intelligence solutions.
What is Adaptive Service Intelligence (ASI) technology?
ASI technology is a proprietary tool by NetScout that continuously monitors service delivery environments to identify performance issues and network-based security threats.
How does NetScout Systems Inc generate revenue?
The company generates revenue from the sale of network management tools and security solutions.
Which regions contribute to NetScout's revenue?
NetScout's primary revenue comes from the USA, followed by Europe, Asia, and the Rest of the World.
What are the main applications of NetScout's solutions?
NetScout’s solutions are used for real-time and historical network performance monitoring, service restoration, and enhancing user experience.
Who are the primary customers of NetScout Systems Inc?
The primary customers of NetScout include service providers, enterprises, and government networks.
What are the benefits of using NetScout's solutions?
NetScout's solutions provide unmatched service visibility, quick resolution of performance issues, and protection against network-based security threats.
How does NetScout ensure business continuity for its clients?
NetScout ensures business continuity by providing insights and tools to quickly resolve performance issues and threats, thus preventing disruptions.
What recent achievements has NetScout made?
Recent achievements of NetScout include advancements in their ASI technology and expansion of their service assurance and cybersecurity solutions.
What is the significance of NetScout's solutions in today’s connected world?
NetScout's solutions are crucial in maintaining the performance and security of digital infrastructure, which is vital for today’s connected and data-driven environments.
Netscout Systems Inc
Nasdaq:NTCT
NTCT Rankings
NTCT Stock Data
1.57B
69.01M
3.71%
93.47%
1.96%
Software - Infrastructure
Services-computer Integrated Systems Design
United States of America
WESTFORD