NetScout Systems Reiterated FY25 Revenue Of $800M-$830M Vs $807.86M Est, Adj EPS Of $2.10-$2.30 Vs $2.12 Est
Portfolio Pulse from Benzinga Newsdesk
NetScout Systems has reiterated its FY25 revenue guidance of $800M-$830M and adjusted EPS of $2.10-$2.30. However, the GAAP net loss per share is now expected to be between ($5.28) and ($5.03) due to goodwill impairment and restructuring charges.
July 25, 2024 | 11:35 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
NetScout Systems has reiterated its FY25 revenue guidance of $800M-$830M and adjusted EPS of $2.10-$2.30. However, the GAAP net loss per share is now expected to be between ($5.28) and ($5.03) due to goodwill impairment and restructuring charges.
The reiteration of revenue and adjusted EPS guidance is neutral, but the significant GAAP net loss due to goodwill impairment and restructuring charges is likely to negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100