NetScout Q1 Revenue Jumps 12.7% to $210M, Swings to Profit; Reaffirms FY27 Outlook
NTCT sits 99% above its 52-week low of $20.39.
Summary
NetScout reported Q1 FY27 revenue of $210.4M (up 12.7% YoY), GAAP EPS of $0.29 vs. a $0.05 loss last year, and reaffirmed its full-year outlook. The strong start to the fiscal year underscores improving demand and operational execution.
Key Events · Earnings and Guidance · NTCT
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Revenue Beats on Service Assurance Strength
Total revenue rose 12.7% to $210.4M, with product revenue up 17.8% to $86.0M and service revenue up 9.4% to $124.4M. Growth was fueled by government-related orders and new innovations like Omnis Sensor and Streamer.
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Profitability Swings Sharply Positive
GAAP net income reached $21.8M ($0.29 per diluted share) compared to a net loss of $3.7M ($0.05 loss) in the prior-year quarter. Non-GAAP net income was $38.6M ($0.52 per share), up from $24.7M ($0.34).
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Full-Year Outlook Reaffirmed
Management reiterated FY27 guidance: revenue of $885M–$915M (4.7% growth at midpoint), GAAP EPS of $1.55–$1.70, and non-GAAP EPS of $2.65–$2.80 (9.9% growth at midpoint).
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Strong Balance Sheet with $668.5M in Cash
Cash, equivalents, and marketable securities totaled $668.5M as of June 30, 2026, down from $705.1M at March 31, 2026, primarily due to the DigiCert DDoS asset acquisition.
Analysis · NTCT · Technology
NetScout delivered a strong fiscal Q1, with revenue growing 12.7% to $210.4 million and GAAP net income swinging to a $21.8 million profit from a loss a year ago. The beat was driven by service assurance and early government orders, while cybersecurity held steady. Management reaffirmed full-year guidance, signaling confidence in sustained growth and margin expansion. The results validate the company's turnaround narrative after a prior-year loss and support the stock's recent momentum.
At the time of this filing, NTCT was trading at $40.61 on NASDAQ in the Technology sector, with a market capitalization of approximately $3B. The 52-week trading range was $20.39 to $45.28. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.