NetScout Systems Q1 Adj EPS $0.31 Beats $0.30 Estimate, Adj Sales $211.10M Beat $207.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
NetScout Systems (NASDAQ:NTCT) reported Q1 earnings of $0.31 per share, beating the analyst consensus estimate of $0.30 by 3.33%. This is a 29.17% increase from the same period last year. The company also reported quarterly sales of $211.10 million, beating the analyst consensus estimate of $207.94 million by 1.52%. This is a 1.10% increase from the same period last year.
July 27, 2023 | 11:33 am
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NetScout Systems reported better than expected Q1 earnings and sales, which could positively impact the stock price in the short term.
NetScout Systems reported Q1 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100