Netscout Systems (NTCT) FY2022 results: revenue $856 million, up 2.9% on the year
Netscout Systems Inc. (NTCT) reported revenue of $856 million for fiscal 2022, the year ended 31 March 2022, up 2.9% on the year before. Net income was $36 million, up 85.4%, and diluted earnings per share $0.48. The figures are the company's own, from the 10-K it filed with the SEC on 19 May 2022.
Revenue
$856 million
+2.9% on the year
FY2015FY2022
Operating margin
5.7%
4.5% a year earlier
FY2015FY2022
Net income
$36 million
+85.4% on the year
FY2015FY2022
Diluted EPS
$0.48
+84.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
296
214
225
+38.4%
Capital expenditure
10.3
12.0
19.9
-13.6%
Free cash flow
286
202
205
+41.5%
Free cash flow margin
33.4%
24.3%
23.0%
Cash from investing
-68.4
24.7
-4.3
Cash from financing
-54.2
-118
-287
Depreciation and amortisation
95.8
106
116
-9.5%
Share-based compensation
56.1
51.9
50.9
+8.1%
Buybacks
35.7
3.3
175
+988.6%
Diluted shares, weighted
75m
74m
75m
+1.7%
Shares outstanding at period end
74m
74m
72m
+0.5%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,060
2,006
1,938
+2.7%
Debt
350
350
450
0.0%
Operating lease liabilities
53.9
61.3
70.7
-12.0%
Other liabilities
730
668
662
+9.3%
Total liabilities and equity
3,195
3,085
3,121
+3.6%
Fixed assets
41.3
48.5
57.7
-14.7%
Goodwill
1,723
1,718
1,726
+0.3%
Intangible assets
433
512
582
-15.3%
Investments
67.0
9.3
50.6
+622.6%
Cash and equivalents
636
467
338
+36.2%
Receivables
148
198
214
-25.0%
Inventory
28.2
22.8
22.2
+23.7%
Other assets
117
110
130
+6.3%
Total assets
3,195
3,085
3,121
+3.6%
10-K for the year ended 31 March 2022, filed 19 May 2022: the filing.