Business

Mass. Movrers

NetScout Systems stock rises

Netscout calls itself a leader in “advanced application and service assurance solutions.”

Stock Photo/www.shock.co.ba

Netscout calls itself a leader in “advanced application and service assurance solutions.”

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Netscout Systems Inc.’s quarterly results topped Wall Street’s expectations, and the Westford company, which offers technology services for network and service-delivery problems, reiterated its annual guidance. Revenue rose 9 percent year-over-year, to $92.1 million. Net income came in at $9.9 million, unchanged from a year earlier. For fiscal 2014, Netscout expects revenue of $384 million to $399 million, and net income per diluted share of $1.06 to $1.16.

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