U.S. Markets close in 5 hrs 56 mins

NetScout: Fiscal 2Q Earnings Snapshot

WESTFORD, Mass. (AP) _ NetScout Systems Inc. (NTCT) on Thursday reported a loss of $26.4 million in its fiscal second quarter.

On a per-share basis, the Westford, Massachusetts-based company said it had a loss of 34 cents. Earnings, adjusted for one-time gains and costs, were 25 cents per share.

The provider of products that gauge network performance posted revenue of $223.8 million in the period. Its adjusted revenue was $224 million.

NetScout expects full-year earnings in the range of $1.30 to $1.40 per share, with revenue in the range of $925 million to $960 million.

NetScout shares have declined 16 percent since the beginning of the year. The stock has dropped nearly 10 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTCT at https://www.zacks.com/ap/NTCT