NetScout Systems (NTCT) shares were down more than 7% in early Thursday trading after the company posted its fiscal Q1 financial results.
The company reported fiscal Q1 non-GAAP earnings of $0.52 per diluted share, up from $0.34 a year earlier.
Three analysts polled by FactSet expected $0.38.
Revenue for the quarter ended June 30 was $210.4 million, up from $186.7 million a year earlier.
Three analysts surveyed by FactSet expected $196.2 million.
The company reiterated its fiscal 2027 guidance of $2.65 to $2.80 in non-GAAP EPS and $885 million to $915 million in revenue. Analysts expect non-GAAP EPS of $2.73 on revenue of $902.4 million.
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