NetScout Systems Reports Financial Results For Second Quarter Fiscal Year 2016

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Go back to NetScout Systems Reports Financial Results For Second Quarter Fiscal Year 2016

Netscout Systems (NTCT) DHR Acquisition Helped Push EPS Beat; Needham & Company Reiterates Buy

October 30, 2015 7:03 AM EDT

Needham & Company maintained a Buy rating on NetScout (NASDAQ: NTCT), and cut the price target to $48.00 (from $55.00), following the company's 2Q16 earnings results. NTCTs $282m and $0.47 EPS are well above $269m and $0.30 EPS consensus.

Analyst Scott Zeller commented, "The... More

Netscout Systems (NTCT) Tops Q2 EPS by 16c

October 29, 2015 7:32 AM EDT

Netscout Systems (NASDAQ: NTCT) reported Q2 EPS of $0.47, $0.16 better than the analyst estimate of $0.31. Revenue for the quarter came in at $261.1 million versus the consensus estimate of $270.86 million.

Netscout Systems sees FY2015 EPS of $1.80-$1.95, versus the consensus of $1.86. Netscout Systems sees FY2015... More