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NetScout Systems Fiscal Q2 Adjusted Earnings, Revenue Decrease; Reaffirms Fiscal 2025 Guidance
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NetScout Systems Fiscal Q2 Adjusted Earnings, Revenue Decrease; Reaffirms Fiscal 2025 Guidance
Nov 2, 2024 7:44 PM

08:19 AM EDT, 10/24/2024 (MT Newswires) -- NetScout Systems ( NTCT ) reported fiscal Q2 adjusted earnings Thursday of $0.47 per diluted share, down from $0.61 a year earlier.

A single analyst polled by Capital IQ expected $0.45.

Revenue for the quarter ended Sept. 30 was $191.1 million, down from $196.8 million a year earlier.

A single analyst polled by Capital IQ expected $188 million.

The company said it continues to expect fiscal 2025 adjusted EPS of $2.10 to $2.30. Two analysts polled by Capital IQ expect $2.16.

Revenue for the fiscal year is still expected to be between $800 million and $830 million. Two analysts polled by Capital IQ expect $813.5 milion.

Price: 21.50, Change: +0.60, Percent Change: +2.87

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