NetScout Systems, Inc. (NASDAQ:NTCT) is one of the most undervalued cybersecurity stocks to buy now. NetScout Systems, Inc. (NASDAQ:NTCT) reported its Q1 Fiscal Year 2026 (ended June 30), earnings report on August 7. The company reported a revenue of $186.7 million for the quarter, a mild 7% increase on a year-over-year basis. However, product revenue grew 19.28% year-over-year, to $73 million. As of the end of the quarter, the company had a solid backlog of $30.9 million. The company’s service revenue remained flat at $113.8 million.
A data engineer focusing intently on a glowing computer screen, with lines of code streaming down the screen.
NetScout Systems, Inc.’s net loss showed a drastic improvement to $6.6 million in Q1 FY2026, compared to the $463.3 million loss in the same quarter last year. The company’s full year FY 2026 revenue guidance remain in the range of $825 million to $865 million, which would represent a 0%-5% growth.
A few weeks back, the company announced a flurry of AI-backed improvements to its Arbor Edge Defense and DDoS (Distributed Denial of Service) Solutions, to recognize and mitigate threats in real time. This improvement leverages AI to automate defenses against the ever-sophisticated attacks. According to the company, this helps clients mitigate up to 80% of all DDoS attacks without the need for human analysis.
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