NASDAQ$NTCT
NetScout Systems Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
NetScout delivered a strong fourth quarter and full fiscal year 2023 performance.
NETSCOUT reported strong Q4 and full fiscal year results, with revenue growth and improved profitability. Total revenue for Q4 was $208.1 million, compared to $191.2 million in the same period last year. The company remains committed to balanced revenue growth and profitability for fiscal year 2024.
- Total revenue for the fourth quarter of fiscal year 2023 was $208.1 million.
- Product revenue for the fourth quarter of fiscal year 2023 was $91.3 million.
- Service revenue for the fourth quarter of fiscal year 2023 was $116.8 million.
- Net loss for the fourth quarter of fiscal year 2023 was $3.2 million, or a net loss of $0.05 per share (diluted).
Headline financials
Revenue & EPS history
NetScout · Revenue · Quarterly
$208M
Revenue by segment
NetScout · $208M total across 2 segments · Q4 2023
- Service$117M+7.1%56.1%
- Product$91.3M+11.1%43.9%
Forward guidance
The Company’s financial outlook for fiscal year 2024 is anticipated to be as follows: Revenue (GAAP and non-GAAP) in the range of $915 million to $945 million. GAAP net income per share (diluted) in the range of $0.86 to $0.98. Non-GAAP net income per share (diluted) in the range of $2.20 to $2.32.
Tailwinds
- Revenue (GAAP and non-GAAP) in the range of $915 million to $945 million.
- GAAP net income per share (diluted) in the range of $0.86 to $0.98.
- Non-GAAP net income per share (diluted) in the range of $2.20 to $2.32.
- The company expects to again grow revenue.
- The company expects to further improve our margins.
Headwinds
- There is a dynamic macro-environment.
- The company does not provide specific details on expenses, which could impact profitability.
- The company is exposed to risks related to macroeconomic factors, foreign exchange environment, and liquidity concerns.
- Lower than expected demand for the Company’s products and services.
- The impacts of epidemics or pandemics such as COVID-19.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
+0.9%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+2.2%
Avg return
30 days after
56%
36 / 64 earnings
Positive
+18.0%
Q1 2013
Best reaction
-23.0%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +7.7% | +7.5% | +14.3% | |
| Q3 2026 | -4.8% | -0.1% | +4.9% | |
| Q2 2026 | +7.1% | +3.6% | -1.5% | |
| Q4 2025 | +1.7% | +8.5% | +9.9% | |
| Q3 2025 | +12.1% | +8.0% | +0.6% | |
| Q2 2025 | -1.2% | +1.5% | +4.4% | |
| Q1 2025 | +9.8% | +10.0% | +15.5% | |
| Q4 2024 | +1.0% | +1.4% | -6.8% | |
| Q3 2024 | +3.7% | -0.4% | +0.0% | |
| Q2 2024 | -0.5% | -3.0% | -5.7% | |
| Q1 2024 | -6.0% | -3.8% | -4.0% | |
| Q4 2023 | +13.7% | +11.4% | +20.2% | |
| Q3 2023 | +0.7% | +1.4% | -9.5% | |
| Q2 2023 | +0.6% | +1.4% | +6.2% | |
| Q1 2023 | -4.2% | -4.6% | -12.8% | |
| Q4 2022 | +3.8% | +6.9% | +13.7% | |
| Q3 2022 | +6.0% | +7.7% | +6.9% | |
| Q2 2022 | +2.7% | -1.8% | -10.3% | |
| Q1 2022 | -0.8% | -2.6% | -3.2% | |
| Q4 2021 | +2.9% | +3.1% | +15.6% | |
| Q3 2021 | -3.4% | -2.3% | -6.7% | |
| Q2 2021 | -2.8% | -2.4% | +13.7% | |
| Q1 2021 | -5.7% | -7.7% | -13.4% | |
| Q4 2020 | +0.3% | -10.3% | +5.9% | |
| Q3 2020 | +4.7% | +9.0% | +4.6% | |
| Q2 2020 | +11.2% | +12.0% | +13.6% | |
| Q1 2020 | -11.4% | -13.0% | -14.9% | |
| Q4 2019 | -1.1% | -5.1% | -15.9% | |
| Q3 2019 | +0.0% | +1.0% | +5.0% | |
| Q2 2019 | +14.8% | +10.9% | +6.0% | |
| Q1 2019 | -10.6% | -12.4% | -15.8% | |
| Q4 2018 | -1.3% | +4.1% | -0.4% | |
| Q3 2018 | +9.2% | +7.1% | +0.6% | |
| Q2 2018 | -7.1% | -6.0% | +1.8% | |
| Q1 2018 | +3.3% | +3.3% | -3.0% | |
| Q4 2017 | -6.6% | -5.8% | +2.2% | |
| Q3 2017 | +4.0% | +9.2% | +17.2% | |
| Q2 2017 | -5.7% | -6.2% | +11.0% | |
| Q1 2017 | +9.6% | +6.8% | +16.7% | |
| Q4 2016 | +2.8% | — | — | |
| Q3 2016 | -23.0% | — | — | |
| Q2 2016 | -8.7% | — | — | |
| Q1 2016 | +6.7% | — | — | |
| Q4 2015 | +0.2% | — | — | |
| Q3 2015 | +4.1% | — | — | |
| Q2 2015 | -0.4% | — | — | |
| Q1 2015 | -0.2% | — | — | |
| Q4 2014 | -0.3% | — | — | |
| Q3 2014 | +11.8% | — | — | |
| Q2 2014 | +14.8% | — | — | |
| Q1 2014 | +0.2% | — | — | |
| Q4 2013 | +3.1% | — | — | |
| Q3 2013 | -7.0% | — | — | |
| Q2 2013 | +6.6% | — | — | |
| Q1 2013 | +18.0% | — | — | |
| Q4 2010 | +3.2% | — | — | |
| Q4 2012 | +3.2% | — | — | |
| Q3 2011 | +3.1% | — | — | |
| Q3 2012 | +3.1% | — | — | |
| Q2 2012 | -3.9% | — | — | |
| Q2 2011 | -3.9% | — | — | |
| Q4 2011 | -10.9% | — | — | |
| Q1 2011 | -10.9% | — | — | |
| Q1 2012 | -10.9% | — | — |
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