-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KfwJuNxLBN6mue7yR8p6PWepQ8EgiJcS8eJPHMpMZsQ2QWlRYUUeOOpNiudtp/ve d14aRves4t/YcaabGPAlxQ== 0001157523-07-006338.txt : 20070625 0001157523-07-006338.hdr.sgml : 20070625 20070625090026 ACCESSION NUMBER: 0001157523-07-006338 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070625 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070625 DATE AS OF CHANGE: 20070625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NETSCOUT SYSTEMS INC CENTRAL INDEX KEY: 0001078075 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 042837575 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26251 FILM NUMBER: 07937748 BUSINESS ADDRESS: STREET 1: 4 TECHNOLOGY PARK DR CITY: WESTFORD STATE: MA ZIP: 01886 BUSINESS PHONE: 9786144000 MAIL ADDRESS: STREET 1: 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 8-K 1 a5433357.htm NETSCOUT SYSTEMS, INC. 8-K a5433357.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): June 25, 2007
 
NetScout Systems, Inc.
 (Exact Name of Registrant as Specified in its Charter)
 
 
Delaware
(State or Other Jurisdiction of Incorporation)
 
0000-26251
 
 04-2837575
(Commission File Number)
 
(IRS Employer Identification No.)
 
310 Littleton Road, Westford, Massachusetts
 
01886
(Address of Principal Executive Offices)
 
(Zip Code)

 (978) 614-4000
(Registrant's Telephone Number, Including Area Code)
 
Not Applicable
(Former Name or Former Address, If Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 
 
ITEM 7.01 REGULATION FD DISCLOSURE.
 
The following information and the Exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
 
On June 25, 2007, NetScout Systems, Inc. (the "Company") issued a press release announcing revised guidance for its first quarter of fiscal year 2008 ending June 30, 2007.   Total revenue for the first quarter is expected to be in the range of $27 to $28 million compared to its previously issued guidance of $26 to $27 million.  Net income per diluted share is expected to be in the range of $0.06 to $0.08, compared to previous guidance of $0.05 to $0.06.  The Company's press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.
 
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
 
(d) Exhibits.
 
The Company hereby furnishes the following exhibit:
 
99.1 Press release dated June 25, 2007.
 
 
 

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
   
NETSCOUT SYSTEMS, INC.
     
          
 By:
/s/ David P. Sommers
 
 
 
David P. Sommers
 
 
Chief Financial Officer and
 
 
Senior Vice President, General Operations
     
 
 
 

 
 
 
 
EX-99.1 2 a5433357ex99_1.htm EXHIBIT 99.1 a5433357ex99_1.htm
 
Contact:
Catherine Taylor
Director of Investor Relations
NetScout Systems, Inc.
978-614-4286
IR@netscout.com

NETSCOUT SYSTEMS RAISES GUIDANCE
FOR FIRST QUARTER OF FISCAL 2008

Record First Quarter Revenue Expected
Estimated Revenue of $27 to $28 Million
Estimated EPS $0.06 to $0.08
 
WESTFORD, Mass., June 25, 2007NetScout Systems, Inc. (NASDAQ: NTCT), an industry pacesetter for advanced network and service assurance solutions, today announced revised guidance for its first quarter of fiscal year 2008, ending June 30, 2007.
Total revenue for the first quarter is expected to be in the range of $27 million to $28 million, an increase over the previously issued guidance range of $26 million to $27 million.  This represents year-over-year revenue growth of 15 to 19 percent.
Net income per diluted share is expected to be in the range of $0.06 to $0.08, higher than previously issued guidance of $0.05 to $0.06, based upon preliminary estimates.  This represents year-over-year net income per diluted share growth of 50 to 100%.
“Our singular focus on faster resolution of complex application problems for our enterprise, service provider and government customers, based on our unique CDM and Packet Flow technology, is bearing early fruit.  We believe that this quarter is the beginning of the next stage of our market leadership, marked by market share gain, faster revenue growth, and continued operating margin expansion,” said Anil Singhal, President and CEO of NetScout Systems.  “Based upon preliminary analysis of our first quarter financial forecast we expect record first quarter revenues, exceeding our previously issued guidance, with first quarter EPS one to two cents higher than previously expected.  We are particularly pleased with the strength in bookings because the first quarter is historically a weak quarter for us.  We look forward to describing this success more fully in our earnings release and conference call scheduled for July 26, 2007.”
 
 
 

 
 
About NetScout Systems
NetScout Systems, Inc. (NASDAQ: NTCT) has been an industry pacesetter for advanced network and service assurance solutions for over a decade, and counts the world’s largest enterprises, government agencies, and service providers among its customers. Enterprise and government IT organizations deploy NetScout's nGenius® Performance Management System to increase service levels to their users by reducing or preventing service disruptions. Service providers depend on NetScout’s proven IP performance management technology and expertise to protect the quality of their customers’ experience with IP-based services.  NetScout is headquartered in Westford, Massachusetts and has offices worldwide. Further information is available at http://www.netscout.com.

Safe Harbor:

Forward-looking statements in this release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934 and other federal securities laws.  Investors are cautioned that statements in this press release, which are not strictly historical statements, including the plans, objectives and future financial performance of NetScout, constitute forward-looking statements which involve risks and uncertainties.  Actual results could differ materially from the forward-looking statements.  Risks and uncertainties which could cause actual results to differ include, without limitation, risks and uncertainties associated with the Company’s relationships with strategic partners, dependence upon broad-based acceptance of the Company’s network performance management solutions, the Company’s ability to achieve and maintain a high rate of growth, introduction and market acceptance of new products and product enhancements, the ability of the Company to take advantage of service provider opportunities, competitive pricing pressures, reliance on sole source suppliers, successful expansion and management of direct and indirect distribution channels and dependence on proprietary technology, and risks of slowdowns or downturns in economic conditions generally and in the market for network performance management solutions specifically.  For a more detailed description of the risk factors associated with the Company, please refer to the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2007 on file with the Securities and Exchange Commission.  NetScout assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

©2007 NetScout Systems, Inc.  All rights reserved. NetScout and the NetScout logo and nGenius are registered trademarks of NetScout Systems, Inc.
 
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