Recent Updates — NTCT
NetScout Systems announced that Chief Operating Officer Sanjay Munshi resigned from all his positions with the company and its subsidiaries, effective October 22, 2026. The departure was reported in a current report filed with the SEC on October 26, 2026. NetScout operates in the technology sector, providing network performance management and security solutions.
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.