Earnings ·
NetScout Systems reported first quarter fiscal year 2027 results ending June 30, 2026
NTCTNetscout Systems Inc
NetScout Systems reported first quarter fiscal year 2027 results ending June 30, 2026. Total revenue grew 12.7% to $210.4 million from $186.7 million, driven by a 17.8% increase in product revenue to $86.0 million and a 9.4% rise in service revenue to $124.4 million. GAAP net income was $21.8 million ($0.29 per diluted share), compared to a net loss of $3.7 million ($0.05 per diluted share) in the prior year period. Non-GAAP net income reached $38.6 million ($0.52 per diluted share). The company reaffirmed its full-year fiscal 2027 revenue outlook of $885.0 million to $915.0 million and non-GAAP EPS guidance of $2.65 to $2.80. NetScout operates in the network observability, cybersecurity, and service assurance industry.