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Slideshow NetScout profit beats estimates, shares rise Tweet Share this Email Print Related News Morgan Stanley expects 7 percent staff cut on weak outlook 11:44am EDT Southwest profit beats estimates on higher fares, demand 11:39am EDT Verizon wireline revenue disappoints, shares fall 10:34am EDT Yum's profit disappoints, hurt by China costs Wed, Jul 18 2012 IBM raises earnings outlook despite weak tech spending Wed, Jul 18 2012 Analysis & Opinion Goldman’s pay-earnings balancing act looks wobbly Related Topics Tech » Hot Stocks » Asian Markets » Media » Thu Jul 19, 2012 10:49am EDT (Reuters) - NetScout Systems Inc (NTCT.O), which helps monitor software applications on networks, posted quarterly results that beat Wall Street forecasts as operating margins increased. NetScout's shares rose more than 13 percent to $22.45 in morning trade on Thursday. The company said it would buy Helsinki, Finland-based Accanto Systems, which enables voice services over the Internet and 3G networks. The acquisition will help NetScouts's international business because there are smaller telecom operators looking for a vendor with a full line of products, Chief Operating Officer Michael Szabados said on an investor call. The company, whose customers include the U.S. government, also said order bookings rose 27 percent during the second quarter. Earnings doubled to $5.0 million, or 12 cents per share, from $2.4 million, or 6 cents per share, a year earlier. Excluding items, NetScout earned 19 cents per share. Revenue rose 21 percent to $76.5 million. Non-GAAP operating margin was up 3 points at 17 percent. Analysts on average had expected earnings of 18 cents per share on revenue of $74.7 million, according to Thomson Reuters I/B/E/S. The Westford, Massachusetts-based company reaffirmed its full-year adjusted earnings of $1.21 to $1.30 per share on revenue of $340 million to $355 million. Analysts were expecting earnings of $1.26 per share on revenue of $347.5 million. (Reporting by Shubham Singhal in Bangalore; Editing by Don Sebastian) Tech Hot Stocks Asian Markets Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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