NETSCOUT SYSTEMS INC

NetScout Systems, Inc. announced that its Audit Committee dismissed PricewaterhouseCoopers LLP (PwC) as its independent registered public accounting firm on May 28, 2026. Concurrently, KPMG LLP (KPMG) was appointed to serve as the new independent registered public accounting firm for the fiscal year ending March 31, 2027. The company confirmed there were no disagreements or reportable events with PwC during the past two fiscal years and the subsequent interim period.

NetScout Systems, Inc. provided a comprehensive business update in its annual Form 10-K filing for the fiscal year ended March 31, 2026. The company reported a significant increase in its total combined product backlog, which rose to $50.8 million from $33.1 million in the prior year, with fulfillable backlog reaching $45.8 million. This growth was attributed to the timing of orders from two large enterprise customers. NetScout detailed its core offerings in network observability, cybersecurity, and DDoS protection, and outlined a growth strategy focused on platform innovation, pervasive visibility, and expanding into adjacent markets like AI Ops and observability.

NETSCOUT SYSTEMS INC reported strong financial results for fiscal year 2026, with total revenue increasing to $859.5 million and GAAP diluted EPS of $1.30. The company also provided a positive outlook for fiscal year 2027, projecting revenue between $885.0 million and $915.0 million and non-GAAP diluted EPS of $2.65 to $2.80. This outlook includes the impact of the recently closed acquisition of DigiCert's DDoS protection business, expected to add $20 million in annualized revenue.