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NetScout Systems Reports Financial Results For First Quarter Fiscal Year 2014

NetScout Systems, Inc. (NASDAQ: NTCT):

        Q1 FY 2014
GAAP     Non-GAAP
Revenue $81.8 million     $81.9 million
Net income $5.3 million $8.7 million
Net Income per share         $0.12     $0.21
 

NetScout Systems, Inc. (NASDAQ: NTCT), an industry leader for advanced application and service assurance solutions, today announced financial results for its first quarter of fiscal year 2014 ended June 30, 2013.

“We are pleased with our business results this quarter, despite continued weakness in the government sector,” said Anil Singhal, President and CEO, NetScout Systems. “We are, however, most excited about the positive feedback from our recently released nGeniusONE™ solution. nGeniusONE is our single integrated platform for combining NPM and APM for IT operations. nGeniusONE is based on our second generation ASI technology which enables faster triage of complex performance problems and provides a holistic view of interactions between users, groups of users, and their related infrastructure and applications. We believe this is a one-of-a-kind solution, solving problems that traditional NPM and APM approaches cannot,” Mr. Singhal added.

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