2024-07-26 18:05:24 ET
Summary
- NetScout is rated as a Hold, taking into account its Q1 FY 2025 earnings beat and its below-expected top-line guidance for Q2 and the full year.
- NTCT's first quarter EPS was better than what the market had anticipated, thanks to successful cost control.
- But the company's revenue outlook for both the second quarter and FY 2025 was a disappointment, as its service assurance business is expected to earn less revenue from its telecommunications services provider clients.
NetScout Systems' ( NTCT ) shares are assigned a Hold investment rating. On one hand, NetScout's recent quarterly earnings beat implies that the company has done a good job optimizing expenses. On the other hand, the company's below-expected top-line guidance suggests that its service assurance business segment is still under pressure....
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NetScout: Mixed Read Throughs From Earnings Beat And Guidance Miss