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Mar 31, 2021
NetScout Q4 2021 Earnings Report
NetScout's fourth-quarter performance was stronger than anticipated, with diluted earnings per share in line with expectations, and the company met its objectives for fiscal year 2021 despite challenges from the COVID-19 pandemic.
Key Takeaways
NETSCOUT reported Q4 FY21 revenue of $213.4 million, with GAAP net income of $11.4 million, or $0.15 per diluted share, and non-GAAP net income of $36.5 million, or $0.49 per diluted share. The company is optimistic about future growth, driven by trends such as 5G, cybersecurity, and cloud migration.
NETSCOUT delivered stronger-than-anticipated fourth-quarter diluted earnings per share performance on overall revenue that was in-line with expectations.
For the full fiscal year 2021, NETSCOUT met the objectives that they set as they managed through the unprecedented and challenging environment created by the COVID-19 global pandemic.
NETSCOUT is excited and optimistic about the future and long-term technology market trends that favor NETSCOUT, such as the advancement of 5G networks, the evolving cybersecurity threat landscape, and digital transformation through cloud migration.
For fiscal year 2022, NETSCOUT is focused on growing revenue, further enhancing diluted earnings per share performance, and continuing to deliver strong free cash flow.
Revenue by Segment
Forward Guidance
NETSCOUT provided its financial outlook for fiscal year 2022, projecting revenue between $835 million and $865 million, GAAP net income per share between $0.44 and $0.50, and non-GAAP net income per share between $1.71 and $1.77.
Positive Outlook
- Revenue (GAAP and non-GAAP) is expected to be in the range of $835 million to $865 million.
- GAAP net income per share (diluted) is expected to be in the range of $0.44 to $0.50.
- Non-GAAP net income per share (diluted) is expected to be in the range of $1.71 to $1.77.
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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