Netscout Systems, Inc. (NTCT) Tops Q4 EPS by 3c
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Netscout Systems, Inc. (NASDAQ: NTCT) reported Q4 EPS of $0.48, $0.03 better than the analyst estimate of $0.45. Revenue for the quarter came in at $112.5 million versus the consensus estimate of $109.35 million.
“We are pleased to report continuing strong financial results for our fourth quarter as well as the completion of a very successful FY 2014,” said Anil Singhal, President and CEO of NetScout Systems. “This year was marked by the successful launch of our new nGeniusONE product, continuing market share gains in Service Provider and increasing traction in our complementary packet flow switch product line. As a result of our evolving strategy, differentiated technology and expanded product portfolio, we have quadrupled our total addressable market to over $4 billion. We look forward to FY 2015, as we continue to innovate with our newly patented Adaptive Session Intelligence (ASI) software. Our guidance for FY 2015 demonstrates our continued confidence.”
For earnings history and earnings-related data on Netscout Systems, Inc. (NTCT) click here.
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