NetScout Systems Reports $48.8 Million Profit in Fiscal Q3
WESTFORD, Massachusetts (AP) — NetScout Systems Inc. (NTCT) announced a profit of $48.8 million for its fiscal third quarter on Thursday. The Westford, Massachusetts-based company reported a net income of 67 cents per share, or 94 cents per share after adjusting for one-time gains and costs.
Revenue during the period reached $252 million for the network performance analytics provider. NetScout projects full-year earnings between $2.15 and $2.25 per share, with expected revenue ranging from $810 million to $820 million.