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NetScout Systems, Inc. (OQ:NTCT)

Business Focus: IT Services & Consulting

Sector:  Technology Industry:  IT Services & Consulting
 
See Regulatory Filings on SEC
Company Contact
Address: 310 Littleton Rd
WESTFORD MA 01886-4105
Tel: N/A
Website: https://www.netscout.com
IR: See website
Key People
Anil K. Singhal
Chairman of the Board, President, Chief Executive Officer
Michael Szabados
Vice Chairman of the Board, Chief Operating Officer
Jean A. Bua
Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer
John William Downing
Executive Vice President - Worldwide Sales Operations
   
Business Overview
NetScout Systems, Inc. provides service assurance and cybersecurity solutions. The Company's service assurance solutions are used by enterprises, including government agencies and service providers to optimize network performance, identify and resolve issues impacting application and service quality. Its cybersecurity solutions are used by enterprises and service providers to identify and mitigate distributed denial of service (DDoS) attacks, as well as assist enterprise security teams in identifying, isolating, investigating, and resolving other advanced network threats. Its primary products are categorized as Service Assurance Solutions for network and application performance and business intelligence analytics and Cybersecurity Solutions. Its Service Assurance Solutions includes nGeniusONE Management Software and Analytic Modules and Visibility Products (Probes, Packet Flow Systems and Taps). Its Cybersecurity Solutions includes DDoS Protection and Advanced Threat Detection.
Financial Overview
For the nine months ended 31 December 2023, NetScout Systems, Inc. revenues decreased 11% to $626M. Net loss totaled $115.3M vs. income of $62.9M. Revenues reflect United States segment decrease of 20% to $367.1M. Net loss reflects Stock-based CompensatioGeneral and admin increase of 14% to $19.6M (expense), Stock-based Compensation in SGA increase of 18% to $12.2M (expense).