Netscout Q1 revenue beats expectations on service assurance orders growth
NTCT•FY2027 outlook and key figures
NETSCOUT sees FY2027 revenue between $885 million and $915 million.
The company expects FY2027 GAAP EPS between $1.55 and $1.70 and FY2027 non-GAAP EPS between $2.65 and $2.80.
Key details
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q1 Revenue | $210.40 million | $196.17 million |
| Q1 Adjusted EPS | $0.52 | $0.38 |
| Q1 Adjusted Net Income | $38.60 million | $28.66 million |
| Q1 Net Income | $21.80 million |
The current average analyst rating on the shares is "buy," with 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." Wall Street's median 12-month price target for NetScout Systems, Inc. is $44.00, about 7.3% above its August 5 closing price of $41.02.
Q1 revenue and earnings beat estimates
U.S. network observability provider Netscout said fiscal Q1 revenue rose about 13%, beating analyst expectations.
Adjusted EPS for fiscal Q1 also beat consensus, helped by service assurance and new product traction.
