On Thursday 24th October 2024, NetScout Systems (NASDAQ: NTCT) will be releasing its second quarter financial results. This much awaited announcement will be made before market open.
According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $0.45 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $188.42 million for the period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $811.47 million. Additionally, they are expecting the company to report profit of $2.17 per share for the full year 2025.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.61. This figure was attributed to the company's total revenue, which reached an impressive $196.8 million during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2025 | $0.28 | -9.7% | 174.57 M | -17.3% |
| Q4 2024 | $0.55 | +44.7% | 203.44 M | -2.2% |
| Q3 2024 | $0.73 | -27.0% | 218.07 M | -19.1% |
| Q2 2024 | $0.61 | +7.0% | 196.80 M | -13.7% |
| Q1 2024 | $0.31 | +29.2% | 211.14 M | +1.1% |
| *Growth on year-over-year basis | ||||
NTCT will host a conference call with investment community on 24th October 2024 at 08:30 AM eastern time to discuss the financial results.
NetScout Systems (NTCT) closed Tuesday's regular trading session at $21.39, indicating a 0.47 percent rise. The stock fluctuated between $21.10 and $21.39 during the day, with a volume of 328.90 thousand shares.
