Earnings Releases·Nov 5, 2026, 8:00 AM ET

NETSCOUT — Second Quarter Fiscal Year 2027 Earnings Summary

Total revenue grew 1.4% to $222.2 million in Q2 FY2027, driven by a 6.4% increase in service revenue, while GAAP net income rose to $34.4 million ($0.47/share) and Non-GAAP net income increased to $52.8 million ($0.71/share).
The company reaffirmed its full-year FY2027 outlook, projecting revenue between $885.0 million and $915.0 million and Non-GAAP net income per share between $2.65 and $2.80.
Management executed a $77 million common stock repurchase during the quarter, maintaining a debt-free status under its $600 million revolving credit facility while expanding operating margins.
Strategic initiatives included the launch of nGenius Copilot and MCP connectivity for AI insights, alongside enhancements to DDoS protection solutions, though product backlog declined to $20.9 million from $39.8 million in the prior year.