Netscout Systems, Inc. (NTCT) Tops Q2 EPS by 8c, Reaffirms Guidance
Netscout Systems, Inc. (NASDAQ: NTCT) reported Q2 EPS of $0.34, $0.08 better than the analyst estimate of $0.26. Revenue for the quarter came in at $84.5 million versus the consensus estimate of $81.31 million.
Guidance:
"For fiscal year 2013, we are reiterating the GAAP and non-GAAP revenue guidance issued on April 26, 2012. We expect GAAP and non-GAAP revenue to be in the range of $340 million to $355 million. We have raised the low end of GAAP net income per diluted share to be in the range of $0.94 to $1.00 and non-GAAP net income per share to be between $1.24 and $1.30."
"For fiscal year 2013, the non-GAAP net income per diluted share expectation excludes the acquisition accounting adjustment to fair value of approximately $300 thousand for deferred revenue, forecasted share-based compensation expenses of approximately $9.5 million, estimated amortization of acquired intangible assets of approximately $7.3 million, compensation for post combination services of approximately $1.2 million, restructuring charges of approximately $1.1million, business development charges of approximately $1.2 million and the related impact of these adjustments on the provision for income taxes of $7.6 million."
For earnings history and earnings-related data on Netscout Systems, Inc. (NTCT) click here.
Guidance:
"For fiscal year 2013, we are reiterating the GAAP and non-GAAP revenue guidance issued on April 26, 2012. We expect GAAP and non-GAAP revenue to be in the range of $340 million to $355 million. We have raised the low end of GAAP net income per diluted share to be in the range of $0.94 to $1.00 and non-GAAP net income per share to be between $1.24 and $1.30."
"For fiscal year 2013, the non-GAAP net income per diluted share expectation excludes the acquisition accounting adjustment to fair value of approximately $300 thousand for deferred revenue, forecasted share-based compensation expenses of approximately $9.5 million, estimated amortization of acquired intangible assets of approximately $7.3 million, compensation for post combination services of approximately $1.2 million, restructuring charges of approximately $1.1million, business development charges of approximately $1.2 million and the related impact of these adjustments on the provision for income taxes of $7.6 million."
For earnings history and earnings-related data on Netscout Systems, Inc. (NTCT) click here.