Yahoo Finance NetScout Systems Full Year 2024 Earnings: Misses Expectations
NetScout Systems (NASDAQ:NTCT) Full Year 2024 Results
Key Financial Results
Revenue: US$829.5m (down 9.3% from FY 2023).
Net loss: US$147.7m (down by 348% from US$59.6m profit in FY 2023).
US$2.07 loss per share (down from US$0.83 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NetScout Systems Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Communications industry in the US.
Performance of the American Communications industry.
The company's shares are up 1.2% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of NetScout Systems' balance sheet and an in-depth analysis of the company's financial position.
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