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WESTFORD, Mass. - On Thursday, Netscout Systems (NASDAQ:NTCT) reported second-quarter earnings that exceeded analyst expectations, driven by robust performance in its cybersecurity product line.
The network performance management company saw its shares rise 1.35% in pre-market trading following the announcement.
The company reported adjusted earnings of $0.62 per share for the quarter, significantly outpacing the analyst consensus of $0.44. Revenue came in at $219.02 million, well above the $200.16 million analysts had expected.
Compared to the same quarter last year, Netscout’s revenue showed solid growth, reflecting the resilience of its business despite challenging economic conditions. The company’s cybersecurity solutions were highlighted as a particular area of strength.
"We closed the quarter on a strong note, with revenue exceeding our expectations, driven by solid performance in our Cybersecurity product line," said Anil Singhal, Netscout’s President and CEO. "These results reflect the resilience of our business and the strong focus of our teams."
Looking ahead, Netscout maintained a positive outlook while acknowledging broader economic uncertainties. The company reaffirmed its fiscal year 2026 guidance, projecting revenue between $830 million and $870 million, compared to the analyst consensus of $850.1 million. For earnings per share, Netscout expects $2.35 to $2.45, slightly above the consensus estimate of $2.33.
The company also announced executive transitions, with Chief Operating Officer Michael Szabados and Chief Financial Officer Jean Bua stepping down effective May 31, 2025, as they enter retirement. Sanjay Munshi and Anthony Piazza will assume the roles of COO and CFO, respectively.
Netscout continues to focus on its long-term strategy of investing in innovation, deepening customer relationships, and leveraging its mission-critical solutions to support evolving performance, availability, and security needs in complex digital environments.
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