Trade NetScout Systems Inc - NTCT CFD

NetScout Company profile

About NetScout Systems, Inc.

NetScout Systems, Inc. provides service assurance and cybersecurity solutions. The Company's service assurance solutions are used by enterprises, including government agencies and service providers to optimize network performance, identify and resolve issues impacting application and service quality. Its cybersecurity solutions are used by enterprises and service providers to identify and mitigate distributed denial of service (DDoS) attacks, as well as assist enterprise security teams in finding and isolating other network threats. Its primary products are categorized as Service Assurance Solutions for network and application performance and business intelligence analytics and Cybersecurity Solutions. Its Service Assurance Solutions includes nGeniusONE Management Software and Analytic Modules and Visibility Products (Probes, Packet Flow Systems and Taps). Its Cybersecurity Solutions includes DDoS Protection and Advanced Threat Detection.

Financial summary

BRIEF: For the nine months ended 31 December 2021, NetScout Systems, Inc. revenues increased 8% to $664.4M. Net income increased from $7.9M to $44.3M. Revenues reflect Service segment increase of 7% to $363M, Product segment increase of 8% to $301.3M, United States segment increase of 10% to $399.3M, Europe segment increase of 4% to $121.7M. Net income benefited from Other Research and development decrease of 5% to $116.7M (expense).

Equity composition

Common Stock $.001 Par, 3/11, 150M auth.,47,441,879 issd. less 4,884,658 shs. in Treas. @ $16.1M. Insiders control approx. 13.6%. IPO: 8/17/99, 3M shares @ $11 per share by Deutsche Bank Securities Inc.