Forbes Names NETSCOUT One of Best Small Companies
NetScout ranked 51st overall and ninth in the Software and Programming industry category
WESTFORD, Mass. Dec. 9, 2014 – NetScout Systems, Inc. (NASDAQ: NTCT), today announced that it has been named to Forbes’ annual list of America’s Best Small Companies 2014. NetScout ranked 51st overall and ninth in the Software and Programming industry category. This marks the company’s third time on the publication’s prestigious rankings with previous inclusion in 2012 and 2010.
“Small caps present tremendous opportunities for investors with faster growth potential in many cases versus multi-billion dollar conglomerates. Each year Forbes looks to identify up-and-coming companies that have displayed strong, consistent growth in our feature on America’s Best Small Companies,” writes Kurt Badenhausen, senior editor, Forbes. “Our 36th annual list highlights businesses that span the economy from aerospace to homebuilding to retail. Our top 100 includes public companies with sales under $1 billion. They are ranked based on return on equity, sales growth and earnings growth over the latest 12 months, as well as the past five years. We also factored in stock market performance versus each company’s industry peer group during the past year.”
“We are honored to be recognized by Forbes for the third time on the continued strength of our financial performance,” said Jim McNiel, vice president, worldwide marketing, NetScout. “All companies, enterprise and service providers alike, who are committed to the delivery of high-quality and reliable network services, can benefit from NetScout’s products. Our innovations help quality-conscious companies to plan, deploy and manage critical business solutions. Our continued presence by Forbes is a testament of our valued contribution to the market and sound business model.”
About NetScout Systems, Inc.
NetScout Systems, Inc. (NASDAQ:NTCT) is the market leader in application and network performance management solutions that enable enterprise and service provider organizations to assure the quality of the user experience for business and mobile services. NetScout’s technology helps these organizations proactively manage service delivery and identify emerging performance problems, helping to quickly resolve issues that cause business disruptions or negatively impact users of information technology.
NetScout is a registered trademark of NetScout Systems, Inc. All other trademarks are the property of their respective owners.