NetScout Systems (NTCT) Released its Fiscal Q1 2026 Results

NetScout Systems, Inc. (NASDAQ:NTCT) is one of the Best Small-Cap Growth Stocks to Buy Right Now. On August 7, NetScout Systems, Inc. (NASDAQ:NTCT) released its fiscal first quarter results for 2026, with both revenue and EPS exceeding Wall Street estimates.

The company delivered $186.75 million in revenue, up around 7% year-over-year and ahead of estimates by $5.25 million. The EPS of $0.34 also exceeded expectations by $0.04. Management noted that this growth was driven by an increased product revenue, which makes up around 39% of the total revenue.

NetScout Systems (NTCT) Released its Fiscal Q1 2026 Results

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Moreover, NetScout Systems, Inc. (NASDAQ:NTCT) also grew its product backlog significantly to $30.9 million. Management expects full-year revenue between $825 million and $865 million.

NetScout Systems, Inc. (NASDAQ:NTCT) provides solutions for enterprise performance management, carrier service assurance, and cybersecurity.

While we acknowledge the potential of NTCT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NTCT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.