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Sep 30, 2023
NetScout Q2 2024 Earnings Report
Delivered Q2 financial performance in line with preliminary results released October 16th.
Key Takeaways
NETSCOUT reported a total revenue of $196.8 million for Q2 FY24, compared to $228.1 million in Q2 FY23. The company's GAAP net income was $21.5 million, or $0.29 per share (diluted), compared to $17.4 million, or $0.24 per share (diluted), for the same period last year.
Total revenue for the second quarter of fiscal year 2024 was $196.8 million.
Product revenue was $80.5 million, approximately 41% of total revenue.
Service revenue was $116.3 million, approximately 59% of total revenue.
Net income was $21.5 million, or $0.29 per share (diluted).
NetScout
NetScout
NetScout Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.comService Revenue
CapyFin.com Forward Guidance
NETSCOUT anticipates revenue to be in the range of $840 million to $860 million. GAAP net income per share (diluted) is anticipated to be in the range of $0.69 to $0.89 and non-GAAP net income per share (diluted) is anticipated to be in the range of $2.00 to $2.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income