NETSCOUT SYSTEMS Reports Financial Results for Third Quarter Fiscal Year 2019
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Netscout Systems (NTCT) Tops Q3 EPS by 5c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Above Consensus, FY19 Revenue Outlook Below Consensus
January 30, 2019 7:38 AM ESTNetscout Systems (NASDAQ: NTCT) reported Q3 EPS of $0.45, $0.05 better than the analyst estimate of $0.40. Revenue for the quarter came in at $246.3 million versus the consensus estimate of $237.17 million.
The combination of relatively strong revenue, savings from recent restructuring actions and ongoing efforts to control costs facilitated an EPS performance at the high end of our plans, stated Anil Singhal, NETSCOUTs president and CEO. We were pleased to see that our efforts to expand our enterprise product portfolio... More
