Investing.com - NetScout reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NetScout announced earnings per share of $0.24 on revenue of $228.10. Analysts polled by Investing.com anticipated EPS of $0.48 on revenue of $222.51M.
NetScout shares are up 15% from the beginning of the year and are trading at $35.74 , down-from-52-week-high.
NetScout follows other major Information Technology sector earnings this month
NetScout's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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