NETSCOUT SYSTEMS INC
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Feb 6, 2025
NTCT$32.27-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations: For the three and and
Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| December 31, | December 31, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Product | $128,175 | $95,832 | $270,377 | $271,038 |
| Service | 123,844 | 122,240 | 347,315 | 354,974 |
| Total revenue | 252,019 | 218,072 | 617,692 | 626,012 |
| Cost of revenue: | ||||
| Product | 16,362 | 15,251 | 41,806 | 48,006 |
| Service | 30,250 | 28,373 | 91,232 | 89,066 |
| Total cost of revenue | 46,612 | 43,624 | 133,038 | 137,072 |
| Gross profit | 205,407 | 174,448 | 484,654 | 488,940 |
| Operating expenses: | ||||
| Research and development | 37,753 | 37,023 | 116,127 | 117,655 |
| Sales and marketing | 69,933 | 69,124 | 201,489 | 209,070 |
| General and administrative | 23,484 | 23,109 | 72,807 | 73,975 |
| Amortization of acquired intangible assets | 11,601 | 12,533 | 34,857 | 37,790 |
| Restructuring charges | 923 | — | 19,895 | — |
| Goodwill impairment | — | 167,106 | 426,967 | 167,106 |
| Gain on divestiture of a business | — | — | — | (3,806) |
| Total operating expenses | 143,694 | 308,895 | 872,142 | 601,790 |
| Income (loss) from operations | 61,713 | (134,447) | (387,488) | (112,850) |
| Interest and other income (expense), net: | ||||
| Interest income | 2,533 | 2,145 | 8,177 | 6,942 |
| Interest expense | (2,649) | (2,208) | (6,395) | (6,475) |
| Other income (expense), net | (4,222) | 792 | 1,711 | 805 |
| Total interest and other income (expense), net | (4,338) | 729 | 3,493 | 1,272 |
| Income (loss) before income tax expense (benefit) | 57,375 | (133,718) | (383,995) | (111,578) |
| Income tax expense (benefit) | 8,565 | (1,141) | 1,544 | 3,737 |
| Net income (loss) | $48,810 | $(132,577) | $(385,539) | $(115,315) |
| Basic net income (loss) per share | $0.68 | $(1.87) | $(5.39) | $(1.61) |
| Diluted net income (loss) per share | $0.67 | $(1.87) | $(5.39) | $(1.61) |
| Weighted average common shares outstanding used in computing: | ||||
| Net income (loss) per share - basic | 71,737 | 71,077 | 71,551 | 71,577 |
| Net income (loss) per share - diluted | 72,569 | 71,077 | 71,551 | 71,577 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.