NETSCOUT SYSTEMS INC (NTCT) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-K	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Revenue:
Total revenue				874.1	855.6	877.8	844.3	837.7
Total revenue growth				4.3%	2.9%	3.6%	-3.9%	-5.8%
Cost of revenue:
Total cost of revenue				217.5	214.2	221.5	216.3	223.5
Gross profit				656.6	641.4	656.3	628.0	614.2
Gross margin				75.1%	75.0%	74.8%	74.4%	73.3%

Operating expenses:
Research and development				171.8	171.1	172.5	174.6	176.6
Sales and marketing				274.6	264.2	259.3	254.1	249.3
General and administrative				99.7	97.7	91.4	89.5	86.6
Amortization of acquired intangible assets				58.6	59.7	60.1	60.5	60.9
Restructuring charges				1.8
Total operating expenses				606.5	592.8	583.3	578.7	573.3
Loss from operations				50.2	48.6	73.0	49.3	41.0
Operating margin				5.7%	5.7%	8.3%	5.8%	4.9%

Interest and other expense, net:
Interest income				0.5	0.3	0.3	0.3	0.4
Interest expense				-7.8	-8.0	-8.7	-9.7	-10.0
Other income (expense), net				2.6	2.0	0.8	-2.1	-3.0
Total interest and other expense, net				-2.8	-3.9	-5.8	-11.4	-12.5
Loss before income tax benefit				45.5	42.9	65.4	37.9	28.5
Income tax benefit				5.4	7.0	9.7	0.9	3.1
Net loss				40.1	35.9	55.7	37.0	25.4

Basic net loss per share (in dollars per share)				$0.54	$0.49	$0.76	$0.50	$0.34
Diluted net loss per share (in dollars per share)				$0.54	$0.49	$0.75	$0.50	$0.34

Weighted average common shares outstanding used in computing:
Net loss per share - basic (in shares)				73.7	74.0	73.8	73.7	73.4
Net loss per share - diluted (in shares)				74.4	74.7	74.4	74.2	73.7