NetScout Systems (NTCT) reported quarterly earnings of $0.73 per share, exceeding the expected $0.38 per share and the previous year’s $1 per share. The company also posted revenues of $218.07 million, beating estimates by 9%. Despite a 1.2% stock decline this year, NetScout remains a key player in network performance products.

With an earnings surprise of 92.11%, NetScout has exceeded EPS estimates three times in the last four quarters. The company’s future stock performance hinges on management’s earnings call commentary and industry outlook. Currently, NetScout holds a Zacks Rank #3 (Hold) and is expected to perform in line with the market.

Digi International (DGII), a competitor in the same industry, is set to release its quarterly results on January 31st. Analysts predict earnings of $0.45 per share, a 6.3% decrease from last year, and revenues of $105.75 million, down 3.3% from the previous year. The company’s performance will shed light on industry trends and stock movement.

Read more at Nasdaq: NetScout Systems (NTCT) Q3 Earnings and Revenues Surpass Estimates