Netscout Systems (NTCT) FY2024 results: revenue $829 million, down 9.3% on the year
Netscout Systems Inc. (NTCT) reported revenue of $829 million for fiscal 2024, the year ended 31 March 2024, down 9.3% on the year before. Net income was -$148 million, and diluted earnings per share $-2.07. The figures are the company's own, from the 10-K it filed with the SEC on 16 May 2024.
Revenue
$829 million
-9.3% on the year
FY2017FY2024
Operating margin
-18.1%
8.5% a year earlier
FY2017FY2024
Net income
-$148 million
FY2017FY2024
Diluted EPS
-$2.07
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
58.8
157
296
-62.5%
Capital expenditure
6.4
10.5
10.3
-39.3%
Free cash flow
52.4
146
286
-64.1%
Free cash flow margin
6.3%
16.0%
33.4%
Cash from investing
13.4
15.3
-68.4
-12.7%
Cash from financing
-69.4
-419
-54.2
Depreciation and amortisation
75.0
85.9
95.8
-12.7%
Share-based compensation
70.8
62.0
56.1
+14.2%
Buybacks
50.0
150
35.7
-66.7%
Diluted shares, weighted
71m
73m
75m
-2.2%
Shares outstanding at period end
71m
71m
74m
+0.2%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,892
2,030
2,060
-6.8%
Debt
100
100
350
0.0%
Operating lease liabilities
38.1
48.8
53.9
-22.0%
Other liabilities
565
642
730
-12.0%
Total liabilities and equity
2,595
2,821
3,195
-8.0%
Fixed assets
26.5
34.7
41.3
-23.7%
Goodwill
1,503
1,724
1,723
-12.8%
Intangible assets
309
367
433
-15.8%
Investments
1.0
41.1
67.0
-97.6%
Cash and equivalents
390
387
636
+0.7%
Receivables
192
144
148
+33.5%
Inventory
14.1
18.0
28.2
-21.5%
Other assets
160
105
117
+52.7%
Total assets
2,595
2,821
3,195
-8.0%
10-K for the year ended 31 March 2024, filed 16 May 2024: the filing.