NetScout Systems Reiterated FY24 Revenue $915M-$945M Vs $918.54M Est, Adj EPS $2.20-$2.32 Vs $2.23 Est
Portfolio Pulse from Benzinga Newsdesk
NetScout Systems has reiterated its FY24 revenue guidance of $915M-$945M, compared to the estimated $918.54M. The company also expects an adjusted EPS of $2.20-$2.32, against the estimated $2.23.
July 27, 2023 | 11:35 am
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NetScout Systems has reiterated its FY24 revenue and adjusted EPS guidance, which are in line with estimates. This could potentially stabilize the stock price.
NetScout Systems has reiterated its FY24 revenue and adjusted EPS guidance, which are in line with estimates. This reiteration could potentially stabilize the stock price as it shows the company's confidence in its financial performance. However, the impact on the stock price will also depend on the overall market conditions and investor sentiment towards the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100