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Mar 31, 2020
NetScout Q4 2020 Earnings Report
NetScout's Q4 2020 financial results were announced, revealing a slight decrease in revenue compared to the same quarter last year, alongside solid earnings per share growth for fiscal year 2020.
Key Takeaways
NETSCOUT reported a decrease in total revenue for Q4 FY2020, with $229.4 million compared to $235.0 million in the same quarter last year. Net income was $7.3 million, or $0.10 per share (diluted). The company experienced order delays related to the COVID-19 pandemic but remains confident in its strong financial position.
Total revenue for Q4 FY20 was $229.4 million, down from $235.0 million year-over-year.
Product revenue was $116.5 million, while service revenue reached $112.8 million.
Net income for Q4 FY20 was $7.3 million, or $0.10 per share (diluted).
NETSCOUT repurchased 1,951,566 shares of its common stock for approximately $50.0 million.
Cash and cash equivalents, and short and long-term marketable securities were $389.1 million.
Revenue by Segment
Forward Guidance
Given the rapidly evolving COVID-19 situation, it is not possible, with reasonable accuracy, to estimate the impact of the pandemic on future financial performance. Therefore, the Company will defer providing fiscal year 2021 guidance until there is greater visibility on the duration, magnitude, and effects of the COVID-19 global pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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