NetScout Lets Out Bad News in Bits and Pieces (NTCT)

NetScout Systems, Inc. (NTCT) announced that based on preliminary estimates, it expects revenues for the first fiscal quarter, ending June 30, 2006, to be in the range of $23 to $24 million and net income per diluted share to be in the range of $0.03 to $0.04.

"We are disappointed by our preliminary results for the first fiscal quarter" said Anil Singhal, President and CEO of NetScout Systems. The company will hold a conference call on July 6 to discuss preliminary numbers but will actually report real numbers on July 26, well after the preliminary numbers have been analyzed but when many are away on holiday.

NTCT 1-yr chart: