NetScout Systems Inc (NAS:NTCT)
$ 22.17 -0.5 (-2.21%) Market Cap: 1.59 Bil Enterprise Value: 1.34 Bil PE Ratio: 0 PB Ratio: 1.09 GF Score: 73/100
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Q1 2025 Netscout Systems Inc Earnings Call Transcript

Jul 25, 2024 / 12:30 PM GMT
Release Date Price: $20.37 (+11.62%)

Key Points

Positve
  • NetScout Systems Inc (NTCT) delivered Q1 fiscal year 2025 revenue at the higher end of expectations.
  • EPS exceeded expectations due to continued cost management initiatives and an unrealized gain on foreign investments.
  • The company secured significant deals, including a multiyear enterprise license agreement with a Tier one North American carrier and a European carrier.
  • NetScout Systems Inc (NTCT) is focusing on enhancing cybersecurity offerings to meet customer needs in an expanding cyber threat landscape.
  • The company is advancing its voluntary separation program, expecting to benefit from approximately $25 to $27 million of annualized cost reduction.
Negative
  • Revenue for Q1 fiscal year 2025 was down 17% year-over-year due to a high level of backlog-related revenue in the prior year's quarter.
  • Service assurance revenue decreased by 20% year-over-year, reflecting tight spending by customers.
  • Cybersecurity revenue was down approximately 11% year-over-year, presenting a challenging comparison due to prior-year backlog.
  • Operating profit margin decreased to 8% from 14% in the same quarter last year.
  • Diluted earnings per share decreased by 10% year-over-year, impacted by lower revenue despite cost management initiatives.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NTCT.OQ - Netscout Systems Inc
Q1 2025 Netscout Systems Inc Earnings Call
Jul 25, 2024 / 12:30PM GMT

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Presentation
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Operator [1]
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Ladies and gentlemen, thank you for standing by, and welcome to NetScout's First Quarter Fiscal Year 2025 financial results conference call. At this time, all parties are in a listen-only mode until the question and answer portion of the call. As a reminder, this call is being recorded. Tony Piazza, Deputy CFO, and his colleagues at NetScout are on the line with us today. If you require operator assistance at any time, please press star zero. I would now like to turn the call over to Tony Piazza to begin the Company prepared remarks.

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Unidentified_2 [2]
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