I would expect NetScout to report a disappointing quarter. I am hearing from numerous salespeople in the space that this was a particularly difficult quarter. CY 3rd quarter is usually a good quarter but this year appears soft. Just my two cents, I have no information specifically on NTCT just others in the space. I bought at a little over 6 and sold over the last few days at an average of 7.20. Just don't feel comfortable holding through the quarterly report.
Total revenue for the second quarter was $25.1 million, up 6% year-over-year and up 6% sequentially. Net income for the second quarter of fiscal 2007 was $2.3 million, an increase of 53% on a year-over-year basis, leading to net income per diluted share of $0.07 per diluted share, an increase of 40% on a year-over-year basis: http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20061025\ACQBIZ200610251605BIZWIRE_USPR_____BW5928.htm&selected=NTCT&selecteddisplaysymbol=NTCT&symbol=NTCT&symbol=ADSX&symbol=CLZR&coname=NetScout%20Systems,%20Inc.&logopath=%2flogos%2fNTCT.GIF&market=NASDAQ-GM&pageName=Company%20News
I think if NTCT were going to have a disappointing quarter, we would already have heard about it. My guess is low end of projections, but in range. I also had heard it was a soft quarter in this industry, so if they make numbers, that's a good thing. Hopefully, the stock price will hold (or rise) on news. Anyone know the announcement date?