Welcome to our dedicated page for Netscout Systems news (Ticker: NTCT), a resource for investors and traders seeking the latest updates and insights on Netscout Systems stock.
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.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has partnered with Aruba to integrate its services with AWS Cloud WAN and Aruba EdgeConnect Enterprise SD-WAN. The collaboration enhances visibility into workloads across data centers and cloud applications, aiming to improve end-user experience. Aruba's SD-WAN platform enables businesses to adapt to network changes efficiently while maintaining performance, security, and compliance. NETSCOUT's IT department is already leveraging this solution for operational efficacy, connecting its various environments across AWS. This initiative reflects NETSCOUT's commitment to delivering robust connectivity solutions.
NETSCOUT (NASDAQ: NTCT) introduces Arbor Insight, enhancing its Arbor Sightline solution for improved DDoS protection and network operator visibility. This advanced technology leverages metadata to provide comprehensive traffic analytics and enhance threat detection capabilities. With DDoS attacks exceeding pre-pandemic levels, Arbor Insight equips network operators with critical datasets for effective monitoring and response. The integration of customizable Advanced Traffic Reports (ATRs) allows for immediate visibility into traffic dynamics, aiding in defense optimization and potentially increasing revenue for operators.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) reported strong financial results for Q1 FY2023, with total revenue of $208.8 million, up from $190.3 million year-over-year. The company achieved improved diluted earnings per share of $0.24 (non-GAAP) compared to $0.20 in Q1 FY2022. Despite a GAAP net loss of $7.1 million, operational metrics showed improvement, with a non-GAAP operating margin of 11.7%. The company is maintaining its revenue guidance of $895 million to $925 million for FY2023 but updated the GAAP diluted net income per share outlook to a range of $0.62 to $0.68.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) is set to announce its first-quarter fiscal year 2023 financial results for the period ending June 30, 2022, on August 4, 2022, at approximately 7:30 a.m. ET.
The company will host a conference call at 8:30 a.m. ET on the same day, with a replay available post 12:00 p.m. ET. NETSCOUT focuses on cybersecurity and network performance, servicing large enterprises and public sectors through advanced network detection and visibility.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has launched an AI-driven solution that enhances its ability to combat DDoS attacks, allowing for automated blocking of up to 90% of attack traffic. This innovation utilizes data from NETSCOUT's ATLAS network, which monitors a significant portion of global Internet traffic and DDoS activities. The new feature, Omnis ATLAS Intelligence Feed (AIF), integrates with existing security systems to streamline operations and reduce risks for customers. This development aims to minimize the impact of DDoS incidents on businesses.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) released findings from a Forrester Consulting study indicating that its Omnis® AED solution provides an impressive 201% ROI over three years. The study emphasized reduced time to detect and respond to cyberattacks, saving 144 hours, and suggesting a net present value of $3.37 million with a payback period of just seven months. Additional benefits include enhanced DDoS protection, operational efficiencies, and unquantified advantages like improved application uptime and brand reputation.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) announced its participation in the 17th Annual Needham Technology & Media Conference on May 18, 2022. The event will be held virtually and will feature one-on-one meetings with NETSCOUT executives, including Jean Bua (EVP and CFO), Darren Anstee (CTO, Security), and others. NETSCOUT focuses on cybersecurity, service assurance, and business analytics, offering solutions that ensure the security and performance of digital services. For more details, visit www.netscout.com.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) reported solid fiscal year 2022 results, achieving total revenues of $855.6 million, up from $831.3 million in fiscal year 2021. The fourth quarter showed total revenue of $191.2 million, although down from $213.4 million year-over-year. Net income was $37.0 million, or $0.49 per share, compared to $19.4 million, or $0.26 per share, in the previous year. For fiscal year 2023, NETSCOUT anticipates revenue growth to range between $895 million to $925 million and plans a share repurchase of up to $150 million.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) secured a significant legal victory on
NETSCOUT SYSTEMS (NASDAQ: NTCT) will release its fourth-quarter and full fiscal year 2022 financial results on May 5, 2022, at 7:30 a.m. ET. A conference call will follow at 8:30 a.m. ET, with the call accessible at (785) 424-1667 and replay available post-12:00 p.m. ET. NETSCOUT specializes in assuring digital business services, offering solutions in cybersecurity and service assurance through its advanced detection and response platform, among others. For more details, visit www.netscout.com.
FAQ
What is the current stock price of Netscout Systems (NTCT)?
What is the market cap of Netscout Systems (NTCT)?
What does NetScout Systems Inc specialize in?
What is Adaptive Service Intelligence (ASI) technology?
How does NetScout Systems Inc generate revenue?
Which regions contribute to NetScout's revenue?
What are the main applications of NetScout's solutions?
Who are the primary customers of NetScout Systems Inc?
What are the benefits of using NetScout's solutions?
How does NetScout ensure business continuity for its clients?
What recent achievements has NetScout made?
What is the significance of NetScout's solutions in today’s connected world?
