NetScout Systems Third Quarter 2024 Earnings: US$1.87 loss per share (vs US$0.73 profit in 3Q 2023)
NetScout Systems (NASDAQ:NTCT) Third Quarter 2024 Results
Key Financial Results
Revenue: US$218.1m (down 19% from 3Q 2023).
Net loss: US$132.6m (down by 352% from US$52.6m profit in 3Q 2023).
US$1.87 loss per share (down from US$0.73 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NetScout Systems Earnings Insights
Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Communications industry in the US.
Performance of the American Communications industry.
The company's shares are up 5.8% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on NetScout Systems' balance sheet health.
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