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home / articles / NTCT - Why NetScout Systems Shares Are Diving Today | Benzinga

NTCT - Why NetScout Systems Shares Are Diving Today | Benzinga

NetScout Systems Inc.

NetScout Systems Inc (NASDAQ: NTCT) shares are trading lower by 23% after it posted Q2 FY24 preliminary results and lowered its FY24 outlook.

Q2 results: The company sees revenue (GAAP and non-GAAP) of $195 million-$197 million (vs. consensus of $223.56 million). 

Adjusted EPS is projected to be $0.60-$0.62 vs. $0.54 street view.

FY24 Outlook: NTCT lowered guidance for revenue (GAAP ...

Full story available on Benzinga.com
Stock Information
Company Name: NetScout Systems Inc.
Stock Symbol: NTCT
Market: NASDAQ
Website: netscout.com
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