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Sep 30, 2022
NetScout Q2 2023 Earnings Report
Delivered strong financial performance and advanced strategic growth priorities.
Key Takeaways
NETSCOUT delivered strong financial results with healthy revenue growth in service assurance and cybersecurity product lines for Q2 FY23. The company plans to manage operations prudently for balanced growth and profitability, remaining confident in helping customers navigate complex digital environments.
Total revenue for Q2 FY23 was $228.1 million, compared to $211.9 million in Q2 FY22.
Product revenue for Q2 FY23 was $111.8 million, approximately 49% of total revenue.
Service revenue for Q2 FY23 was $116.3 million, about 51% of total revenue.
Net income for Q2 FY23 was $17.4 million, or $0.24 per share (diluted), compared to $7.9 million, or $0.11 per share (diluted), for Q2 FY22.
NetScout
NetScout
NetScout Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.comService Revenue
CapyFin.com Forward Guidance
NETSCOUT is reiterating its revenue and diluted net income per share outlook for fiscal year 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income