NetScout: Fiscal 3Q Earnings Snapshot
WESTFORD, Mass. (AP) _ NetScout Systems Inc. (NTCT) on Wednesday reported a fiscal third-quarter loss of $3.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Westford, Massachusetts-based company said it had a loss of 5 cents. Earnings, adjusted for one-time gains and costs, were 45 cents per share.
The provider of products that gauge network performance posted revenue of $246 million in the period. Its adjusted revenue was $246.3 million.
NetScout expects full-year earnings in the range of $1.30 to $1.35 per share, with revenue expected to be $925 million.
NetScout shares have climbed roughly 10 percent since the beginning of the year. The stock has fallen almost 1 percent in the last 12 months.