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WESTFORD, Mass.--(BUSINESS WIRE)--NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) plans to announce its third-quarter fiscal year 2024 financial results for the period ended December 31, 2023, on Thursday, January 25, 2024, at approximately 7:30 a.m. ET. NETSCOUT will host a corresponding conference call and live webcast on the same day at 8:30 a.m. ET. The number for the conference call is (203) 518-9708. The conference call ID is NTCTQ324. A replay of the call will be made available after 12:00 p.m. ET.
NetScout Systems, a cybersecurity firm, has experienced stable sales, returns/margins, and cash flows despite limited revenue growth since 2017. The company's declining share price and low valuation now make it an attractive takeover target for Big Tech firms or private equity investors. A 10-year low on sales, earnings, and cash flow generation is now available to new buyers of the stock.
NetScout Systems, Inc. (NASDAQ:NTCT ) Q2 2024 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Tony Piazza – Senior Vice President-Corporate Finance Anil Singhal – President and Chief Executive Officer Michael Szabados – Chief Operating Officer Jean Bua – Executive Vice President and Chief Financial Officer Conference Call Participants Dan Bergstrom – RBC Capital Markets James Fish – Piper Sandler Kevin Liu – K. Liu & Company Operator Ladies and gentlemen, thank you for standing by, and welcome to NETSCOUT's Second Quarter Fiscal Year 2024 Financial Results Conference Call.
NetScout (NTCT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NetScout Systems stock dropped sharply Tuesday on a disappointing preannouncement, leading its industry group lower.
NetScout Systems' preliminary Q2 results came in weaker than the market anticipated. The company also slashed its full-year sales and earnings targets.
NetScout Systems Inc (NASDAQ:NTCT) slumped 20% in overnight trading as the cyber security specialist warned orders were not translating into sales. As a result, full-year earnings are expected to be lower than previously guided at between US$2-2.20 per share with revenues now forecast at US$840-860 million.
NetScout Systems slumped 20% in overnight trading as the cyber security specialist warned orders were not translating into sales. As a result, full-year earnings are expected to be lower than previously guided at between US$2-2.20 per share with revenues now forecast at US$840-860m.
NetScout Systems Inc. NTCT shares fell in the extended session Monday after the cybersecurity company cut its outlook for the year, citing slower order conversions. NetScout shares dropped more than 20% after hours, following a 3.5% rise to close the regular session at $27.59.