Business Context and Reporting Period
Company: NetScout Systems, Inc. (NTCT)
Filing Type: Form 8-K (Current Report)
Date of Report: May 28, 2026
Reporting Period: The filing addresses events occurring on May 28, 2026, and covers the fiscal years ended March 31, 2026, and 2025, as well as the interim period through May 28, 2026.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance regarding the independent registered public accounting firm.
Material Changes
- Dismissal of Auditor: On May 28, 2026, the Audit Committee dismissed PricewaterhouseCoopers LLP (PwC) as the Company's independent registered public accounting firm.
- Appointment of New Auditor: KPMG LLP was appointed as the new independent registered public accounting firm for the fiscal year ending March 31, 2027.
- Audit History: PwC's reports for fiscal years 2026 and 2025 contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements with PwC on accounting principles, practices, or auditing scope during the fiscal years ended March 31, 2026 and 2025, or the subsequent interim period.
- Consultations: The Company did not consult with KPMG regarding accounting principles or audit opinions prior to this appointment.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, or management commentary on business performance. The primary disclosure relates to the transition of audit firms. The Company confirmed that PwC agreed with the statements regarding the lack of disagreements or reportable events, as evidenced by a letter dated June 3, 2026, filed as Exhibit 16.1.
Investor Verification Checklist
- Verify the effective date of KPMG's engagement for the fiscal year ending March 31, 2027.
- Review Exhibit 16.1 (Letter from PwC) to confirm the absence of undisclosed disagreements.
- Monitor future filings for the rationale behind the auditor change, as the 8-K does not explicitly state the business reason for the switch.
- Confirm that no "reportable events" occurred during the interim period through May 28, 2026.