NetScout’s 2012 Financial Performance Propels Company to 30th
Position in the 2013 Globe 100 Rankings
WESTFORD, Mass.--(BUSINESS WIRE)--May. 22, 2013--
NetScout®
Systems, Inc., today announced that the company was named by The Boston
Globe to its “Globe
100” list for the eighth consecutive year, moving up to the 30th
position overall from its 2012 position of 83. Among Massachusetts
technology sector companies, NetScout ranked ninth. According to the
Boston Globe report, in 2012 NetScout increased revenues to $341.9
million, a 15.1 percent one-year change, and increased profit margins
12.1 percent year-over-year. Each year, the Globe 100 list ranks the
best-performing, publicly traded corporations based in Massachusetts by
how well they increased revenue, profit margin and return on equity for
shareholders.
This year’s ranking demonstrates NetScout’s momentum, with a remarkable
53-spot jump in the rankings over last year’s Globe 100. NetScout
provided investors with an 11.4 percent average return on equity and the
Globe identified NetScout as one of the top 50 Massachusetts companies
in return
on equity.
“NetScout’s high ranking in the Globe 100 is appreciated recognition for
our performance and execution in 2012,” said Michael Szabados, chief
operating officer at NetScout. “Our continued growth is enabled by our
dual market strategy focused on the enterprise and service provider
markets and is a tribute to our employees’ hard work and dedication to
delivering differentiated products and maintaining strong customer
relationships.”
The Globe 100 ranks Massachusetts-based public companies based on
financial data from the four quarters ending December 31, 2012. To be
eligible, the company must be traded publicly for the entire 2012
calendar year on the New York Stock Exchange, the NASDAQ or the American
Stock Exchange and report revenue and profit for both 2011 and 2012.
Companies are ranked on four criteria: return on average equity,
one-year percentage change in revenue, one-year percentage change in
profit margin and 2012 revenue.
About The Boston Globe
The Boston Globe is wholly owned by The New York Times Company, a
leading global, multimedia news and information company with 2012
revenues of $2.0 billion, includes The New York Times, the International
Herald Tribune, The Boston Globe, NYTimes.com, BostonGlobe.com,
Boston.com and related properties. The Company’s core purpose is to
enhance society by creating, collecting and distributing high-quality
news and information.
About NetScout Systems, Inc.
NetScout Systems, Inc. (NASDAQ: NTCT) is the market leader in Unified
Service Delivery Management enabling comprehensive end-to-end network
and application assurance. For 28 years, NetScout has delivered
breakthrough packet-flow technology that provides trusted and
comprehensive real-time network and application performance intelligence
enabling unified assurance of the network, applications and users. These
solutions enable IT staff to predict, preempt and resolve network and
service delivery problems while facilitating the optimization and
capacity planning of the network infrastructure. NetScout nGenius® and
Sniffer® solutions are deployed at more than 20,000 of the world’s
largest enterprises, government agencies, and more than 148 service
providers, on over one million physical and 2,000 virtual network
segments to assure the network, applications, and service delivery to
their users and customers. For more information about NetScout go to http://www.netscout.com.
NetScout, nGenius and Sniffer are registered trademarks of NetScout
Systems, Inc.
Source: NetScout Systems, Inc.
Davies Murphy Group, Inc.
Joseph Rigoli, 781-418-2423
netscout@daviesmurphy.com