Loading...
•
Dec 31, 2020
NetScout Q3 2021 Earnings Report
NetScout's third-quarter fiscal year 2021 financial results were announced, and the EPS outlook for FY'21 was raised.
Key Takeaways
NETSCOUT reported a total revenue of $228.7 million for Q3 FY21, compared to $260.0 million in the same quarter of the previous year. The company's GAAP net income was $29.0 million, or $0.39 per share (diluted), versus $36.7 million, or $0.49 per share (diluted), for the third quarter of fiscal year 2020.
Total revenue for the third quarter of fiscal year 2021 was $228.7 million.
Product revenue was $115.0 million, approximately 50% of total revenue.
Service revenue was $113.8 million, approximately 50% of total revenue.
Net income (GAAP) was $29.0 million, or $0.39 per share (diluted).
Revenue by Segment
Forward Guidance
NETSCOUT is updating its fiscal year 2021 guidance, originally issued on October 29, 2020, with one quarter remaining in the fiscal year. The expected revenue range is being narrowed, while maintaining the mid-point, and the expected net income per share range is being raised.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...