NetScout: Fiscal 3Q Earnings Snapshot
WESTFORD, Mass. (AP) _ NetScout Systems Inc. (NTCT) on Thursday reported fiscal third-quarter net income of $36.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Westford, Massachusetts-based company said it had profit of 49 cents. Earnings, adjusted for one-time gains and costs, were 73 cents per share.
The provider of products that gauge network performance posted revenue of $260 million in the period. Its adjusted revenue was $260.1 million.
NetScout expects full-year earnings in the range of $1.51 to $1.56 per share, with revenue in the range of $900 million to $910 million.
NetScout shares have increased 2% since the beginning of the year. The stock has fallen slightly more than 5% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTCT at https://www.zacks.com/ap/NTCT