financetom
Business
financetom
/
Business
/
NetScout Systems Fiscal Q2 Adjusted Earnings, Revenue Decrease; Reaffirms Fiscal 2025 Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CN Announced Net-Zero Target Approved by Science Based Targets initiative
CN Announced Net-Zero Target Approved by Science Based Targets initiative
Jul 3, 2024
10:40 AM EDT, 07/03/2024 (MT Newswires) -- CN Rail (CNR.TO) said Wednesday its net-zero by 2050 target has been validated by the Science Based Targets initiative (SBTi), while the company released its 2023 Sustainability Data Supplement At CN, we are focused on the long-term success and sustainability of our business. We know that we cannot achieve our commitments alone which...
Stryve Foods Names Kevin Vivian as Chair
Stryve Foods Names Kevin Vivian as Chair
Jul 3, 2024
10:31 AM EDT, 07/03/2024 (MT Newswires) -- Stryve Foods ( SNAX ) said Wednesday its board elected Kevin Vivian as chairman, effective immediately. Vivian succeeds Ted Casey, one of the founders of the business, Stryve Foods ( SNAX ) said. Vivian had served as senior vice president, national account sales, at PepsiCo ( PEP ) and vice president and general...
First Foundation's Dilutive Capital Raise Likely to Help Earnings Recovery, Wedbush Says
First Foundation's Dilutive Capital Raise Likely to Help Earnings Recovery, Wedbush Says
Jul 3, 2024
10:39 AM EDT, 07/03/2024 (MT Newswires) -- First Foundation's ( FFWM ) capital raise will likely assist with its earnings recovery but comes at a significant dilutive cost, Wedbush said in a note Wednesday. First Foundation ( FFWM ) said Tuesday affiliates of Fortress Investment, Canyon Partners, Strategic Value Bank Partners, North Reef Capital and other investors are investing up...
Why VivoPower Stock Is Charging Up
Why VivoPower Stock Is Charging Up
Jul 3, 2024
VivoPower International PLC ( VVPR ) shares are trading higher Wednesday after the company announced its electric vehicle subsidiary, Tembo e-LV B.V., has agreed to a one month extension of its exclusive heads of agreement with Cactus Acquisition Corporation I .  The Details: VivoPower ( VVPR ) said the extension is intended to provide additional time to finalize the definitive...
Copyright 2023-2026 - www.financetom.com All Rights Reserved