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NetScout Systems Surges Ahead with Q1 Earnings Beat
20 Aug
Summary
- NetScout Systems reports strong Q1 2026 results
- Revenue up 7% year-over-year, exceeding estimates
- EPS also beats Wall Street expectations
In its fiscal first quarter of 2026, NetScout Systems, Inc. (NASDAQ:NTCT) has reported strong financial results, with both revenue and earnings per share (EPS) surpassing Wall Street's expectations. The company delivered $186.75 million in revenue, up approximately 7% from the same period a year earlier and ahead of estimates by $5.25 million. Additionally, NetScout Systems' EPS of $0.34 exceeded expectations by $0.04.
Management attributed this growth to an increase in product revenue, which now accounts for around 39% of the company's total revenue. Furthermore, NetScout Systems has significantly grown its product backlog to $30.9 million. Looking ahead, the company expects full-year revenue to fall between $825 million and $865 million.
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