NasdaqGS:NTCTCommunications
NetScout Systems (NTCT): Valuation in Focus After Strong Q1 Results and Upgraded Revenue Outlook
If you hold or follow NetScout Systems (NTCT), this week’s fiscal first quarter report probably made you pause and take notice. The company delivered both revenue and EPS numbers above what the market was expecting, which is a welcome sign for shareholders after some lackluster results in previous quarters. The main drivers were higher product revenue and a notable expansion in the product backlog. Together, these led management to raise their full-year revenue outlook. That guidance boost,...