NetScout Systems Reports Strong Third-Quarter Financial Results

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Needham & Company Downgrades NetScout (NTCT) to Hold

January 29, 2016 7:29 AM EST

Needham & Company downgraded NetScout (NASDAQ: NTCT) from Buy to Hold aid questions about revenue visibility.

Analyst Scott Zeller commented, "We downgrade NetScout to HOLD on our lack of confidence in its ability to forecast the upcoming quarters in CY16/FY17, following the... More

Netscout Systems (NTCT) Tops Q3 EPS by 18c, Updates FY Guidance

January 28, 2016 8:09 AM EST

Netscout Systems (NASDAQ: NTCT) reported Q3 EPS of $0.58, $0.18 better than the analyst estimate of $0.40. Revenue for the quarter came in at $333.4 million versus the consensus estimate of $313.06 million.

GUIDANCE:

Netscout Systems sees FY2016 EPS of $1.82-$1.90, versus the consensus of $1.88.... More