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JN0-647 exam Dumps Source : Enterprise Routing and Switching, Professional (JNCIP-ENT)

Test Code : JN0-647
Test appellation : Enterprise Routing and Switching, Professional (JNCIP-ENT)
Vendor appellation : Juniper
: 65 actual Questions

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Juniper Juniper Enterprise Routing and

What To predict From Juniper After A Sustained length Of revenue Declines | killexams.com actual Questions and Pass4sure dumps

Juniper Networks (NYSE:JNPR) lately announced its third quarter outcomes, reporting a 6% decline in web revenues to $1.18 billion. Revenues were a diminutive bit greater than the midpoint of the guided latitude at the recess of the outdated quarter. whereas Juniper’s core revenues maintain declined in fresh years and through the existing year, routing revenues picked up within the September quarter to in portion offset the autumn in revenues. For the September ended quarter, combined product revenues maintain been down 9% to $795 million while features revenues additionally fell 1% to $385 million. Juniper’s non-GAAP operating margin stood at 20% for the quarter, which was 2 percentage points bigger than the midpoint of the guided latitude. because of this, each non-GAAP internet income and non-GAAP diluted EPS had been over 15-20% greater than expectations at $194 million and $0.54, respectively. Going ahead, they predict the developments from Q3 to continue throughout the December quarter as well. they now maintain summarized their expectations on their interactive full 12 months Juniper outcomes forecast dashboard. if you disagree with their forecasts, that you may alternate the Important thing drivers including phase salary and margins to gauge how changes will impact Juniper’s results for the year.

segment trends

We forecast Juniper’s core switches revenues to sigh no via round 13-14% on a y-o-y groundwork to $1.9 billion for the entire 12 months. in spite of this, routing revenues picked up in Q3 after a dealing with revenue declines within the first half of the year. Revenues had been up within the September quarter as a result of effective claim for the business’s business routing portfolio together with the MX204 and the MX10003 items. They hope full-12 months routing revenues to exist round 5-6% lower over 2017 levels at $910 million, chiefly because of the income declines within the first half of the year. Comparatively, safety revenues maintain been up through 2-3% throughout the first half of the 12 months after witnessing tall single-digit declines remaining yr. This vogue endured in the course of the September quarter as smartly. Their full-year forecast for combined product revenues stands at $three.13 billion, compared to $3.45 billion in 2017. Their full year forecast for features stands at $1.fifty six billion, roughly flat over prior yr degrees.

in terms of margins, Juniper reported a non-GAAP operating margin of 20% for Q3. This became sequentially up from round 17% in Q2 and 12.5% in Q1. despite the sequential development, margins are tons lessen than 25-27% through 2017. Going ahead, the business expects its q4 operating margin (non-GAAP) to stay in the 20% range. because of this, they forecast full yr adjusted margins to exist under 20%. therefore, net income and EPS is forecast to exist round 20% lower on a y-o-y basis to $610 million and $1.74 per share, respectively.

See their complete analysis for Juniper Networks

What’s behind Trefis? behold the pass it’s Powering recent Collaboration and What-Ifs

For CFOs and Finance teams | Product, R&D, and marketing teams

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Like their charts? explore instance interactive dashboards and create your own.


Juniper Q3 income: Cloud issues | killexams.com actual Questions and Pass4sure dumps

No outcome found, try recent key phrase!Juniper released enhanced than expected Q3 profits ... management highlighted: “We reported more suitable than anticipated Q3 outcomes, as persisted business power and improved than expected carrier ...

Will lower Revenues damage Juniper's (JNPR) earnings in Q3? | killexams.com actual Questions and Pass4sure dumps

Juniper Networks, Inc. JNPR is scheduled to file third-quarter 2018 fiscal consequences after the closing bell on Oct 23.

in the closing stated quarter, the enterprise delivered a benign revenue shock of 11.6%. despite the fact, it is not likely to document larger revenues in both of the operating segments because of risky claim and stern market competition.

whether this can damage its backside-line boom for the quarter continues to exist to exist viewed.

components to consider

all through the third quarter, Juniper added a 5G-able firewall processing card to meet excessive security requirements. The enterprise’s SPC3 superior security Acceleration card presents an 11x performance raise to its line of SRX5000 functions Gateways. The SPC3 advanced protection Acceleration card makes it practicable for cloud suppliers, carrier providers and organizations to meet the becoming safety demands of multicloud, cyber web of things, 5G in addition to enterprise part.

The company has additionally launched a cost-helpful cloud solution for service suppliers. Dubbed the Contrail facet Cloud, the product presents a full-fledged comfy cloud journey to the area- and vigour-confined edge community, which includes groundwork stations, hub websites and switching websites. The Contrail portion Cloud solution offers automation, security and analytics features to facilitate carrier suppliers in deploying dynamic client and commercial enterprise services in a cost and aid-effective manner.

furthermore, Juniper introduced that it changed into chosen by pass of WorldLink — the greatest cyber web provider company in Nepal — to supplement its networking solutions with a purpose to cater to the exponential augment of statistics traffic in the country. The current facilitated Juniper to strengthen the networking infrastructure of Nepal and enable its smooth transition to a high-pace 100GbE spine network.

throughout the quarter, Juniper introduced that Malaysia-based communications solutions provider TIME dotCom Berhad used its vSRX reply for rolling out the latter’s latest suite of virtual managed capabilities for commercial enterprise purchasers throughout the country. additionally, the company introduced that it was chosen through Vodafone as one in every of its software-described vast district community providers for its business-concentrated SDN portfolio.

true-Line Contraction

despite the exotic trends, negative global macro ambiance and susceptible funding patterns amongst purchasers are more likely to damage Juniper’s earnings boom. Ongoing consolidation in the telecom market is moreover expected to weigh on the business’s financials. moreover, Cloud revenues, which might exist anticipated to exist $279 million in the to-be-said quarter, is posing challenges as it is passing via a transition part.

For the third quarter, internet revenues from Routing are anticipated to lessen to $478 million from $586 million a yr ago. web revenues from Switching are anticipated to raise to $244 million from $213 million and the identical from security is likely to help to $81 million from $seventy one million.

The Zacks Consensus assess for revenues from the Product segment (comprising Routing, safety and Switching products), which debts for the lion’s participate of complete revenues, is at the moment pegged at $798 million, down from $870 million reported in third-quarter 2017.

Revenues from the service phase are expected to sigh no to $375 million from $388 million. because of this, total revenues for the quarter are recumbent to decline to $1,174 million from $1,254 million reported within the year-prior quarter.

What Their model Says

Our confirmed mannequin conclusively shows that Juniper is probably going to beat revenue this quarter because it possesses both the two key accessories. A inventory should maintain both a splendid profits ESP and a Zacks Rank #1 (powerful buy), 2 (purchase) or three (dangle) for this to ensue. this is precisely the case here as you are going to behold below:

salary ESP: Juniper’s salary ESP, which represents the dissimilarity between probably the most revise assess and the Zacks Consensus Estimate, is +3.18% because the former is pegged at 46 cents and the latter at 44 cents. that you could ascertain the most useful stocks to purchase or promote earlier than they’re reported with their revenue ESP Filter.   

Juniper Networks, Inc. expense and EPS surprise

a  immediate up of a map© supplied through Zacks investment research Inc

Juniper Networks, Inc. cost and EPS shock | Juniper Networks, Inc. Quote

Zacks Rank: Juniper has a Zacks Rank #3. This increases the predictive dash of ESP and makes us moderately assured of an revenue beat.

note that they caution towards stocks with a Zacks Rank #four or 5 (promote-rated) going into the revenue announcement, principally when the business is seeing a contaminated assess revisions momentum.

different stocks to trust

listed below are any other businesses that you may additionally necessity to accept as honest with, as their model shows that these maintain the right combination of features to publish an revenue beat this quarter:

Helix power solutions community, Inc. HLX has an earnings ESP of +eight.33% and a Zacks Rank #1. that you could behold the complete listing of today’s Zacks #1 Rank shares right here.

Arch Coal, Inc. ARCH has an salary ESP of +6.32% and a Zacks Rank #1.  

Viper power partners LP VNOM has an revenue ESP of +1.fifty seven% and a Zacks Rank #1.  

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JN0-647 exam Dumps Source : Enterprise Routing and Switching, Professional (JNCIP-ENT)

Test Code : JN0-647
Test appellation : Enterprise Routing and Switching, Professional (JNCIP-ENT)
Vendor appellation : Juniper
: 65 actual Questions

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Enterprise Routing and Switching, Professional (JNCIP-ENT)

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Cisco Updates CCIE Routing and Switching Certification and Provides Expert-Level Training to Meet Changing Industry Job Roles and business Requirement | killexams.com actual questions and Pass4sure dumps

SAN JOSE, Calif., Dec. 4, 2013 – Cisco today announced a major revision of the CCIE® Routing and Switching (R&S) Certification and expert-level training to meet the increasing challenges of enterprise networks evolving in size, scope and complexity. As the network carries more essential services, networking experts are expected to anticipate, diagnose and resolve complex network issues accurately and quickly. The increasing import of the network to drive significant productivity and cost benefits to organizations as well as the role of the network in transforming businesses maintain driven worldwide claim for skilled IT staff.

CCIE R&S Certification:

  • Expert-level certification showcases an individual’s commitment to stand out in the job market and validates skills for employers. CCIE skills create a foundation for higher compensation and better professional opportunities. According to the Global erudition 2013 Salary Survey, the middling salary of a CCIE R&S Certification holder is $125,800.
  • CCIE R&S v5.0 was designed with input from Cisco enterprise customers around the globe covering the expert-level skills needed to precipitate time-to-value for network investments and maximize network productivity. 
  • Revised exams will comprise key technology areas including Dual-stack IPv4/IPv6 implementation, VPN technologies such as MPLS VPN and DMVPN and scenario-based troubleshooting of network faults. 
  • Support for IPv6 implementation prepares businesses for evolving technology trends including Bring Your Own Device (BYOD) and the Internet of Everything (IoE).
  • The introduction of a recent exam section assessing diagnostic skills will help the certification’s validity and relevancy.
  • Cisco Expert-Level Training for CCIE:

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    Netscout Systems Inc (NTCT) Q2 2019 Earnings Conference convoke Transcript | killexams.com actual questions and Pass4sure dumps

    Logo of jester cap with thought bubble.© The Motley Fool Logo of jester cap with thought bubble.

    Netscout Systems Inc  (NASDAQ: NTCT)

    Q2 2019 Earnings Conference Call

    Nov. 01, 2018, 8:30 a.m. ET

    Contents:
  • Prepared Remarks
  • Questions and Answers
  • Call Participants
  • Prepared Remarks:

    Operator

    Ladies and gentlemen, thank you for standing by and welcome to NETSCOUT's Second Quarter Fiscal Year 2019 Results Conference Call. (Operator Instructions) As a reminder, this convoke is being recorded. Andrew Kramer, Vice President of Investor Relations, and his colleagues at NETSCOUT are on the line with us today. (Operator Instructions)

    I would now like to revolve the convoke over to Andrew Kramer, to inaugurate the Company's prepared remarks.

    Andrew Kramer -- Vice President, Investor Relations

    Thank you very much Erika, and splendid morning, everybody. Welcome to NETSCOUT's second quarter fiscal year 2019 conference convoke for the period ended September 30, 2018. Joining me today are Anil Singhal, NETSCOUT's President and CEO; Michael Szabados, NETSCOUT's Chief Operating Officer; and Jean Bua, NETSCOUT's Executive Vice President and Chief monetary Officer.

    There is a slide presentation that accompanies their prepared remarks. You can promote the slides in the webcast viewer to result their commentary. They will convoke out the slide number we're referencing to in their remarks. Both the slides and the prepared remarks can exist accessed in multiple areas within the Investor Relations section of their website at www.netscout.com, including the IR landing page, under monetary Results, the webcast itself and under monetary Information section on the quarterly results page.

    Our agenda is as follows: Anil Singhal will briefly review their second quarter monetary performance, highlight key trends and recent developments and discuss their outlook for fiscal year 2019. Michael Szabados will briefly review recent customer wins that befriend highlight some of their near and longer-term growth drivers, as well as recap go-to-market highlights. Jean Bua will then review their second quarter results, key first half performance metrics and fiscal year 2019 guidance in detail.

    Moving on to slide number three, I'd like to remind everybody listening that forward-looking statements as portion of this communication are made pursuant to the Safe Harbor provisions of Section 21E of the Securities Exchange Act of 1934 as amended, and other federal securities laws. Investors are cautioned that statements on this conference convoke which are not strictly historical statements, including but not limited to, the statements related to the fiscal year 2019 monetary guidance for NETSCOUT, expense management and related cost reduction actions and related benefits, market conditions, technology trends, customers, customer relationships and customer demand, anticipated revenue from specific customers and specific products and sum of the other various product developments, sales and marketing, and other operational initiatives planned for fiscal year 2019 constitute forward-looking statements, which involve risks and uncertainties.

    Actual results could differ materially from the forward-looking statements, due to known and unknown risks, uncertainties, assumptions and other factors. This slide details these factors and I strongly inspirit you to review each of them. For a more circumstantial description of the Company's risk factors, gratify mention to the Company's Annual Report on shape 10-K for the fiscal year ended March 31, 2018 and subsequent quarterly report on shape 10-Q on file with the Securities and Exchange Commission. NETSCOUT assumes no obligation to update any forward-looking information contained in this communication or with respect to the announcements described herein.

    Let's revolve to slide number four, which involves non-GAAP metrics. While this slide presentation includes both GAAP and non-GAAP results, unless otherwise stated, monetary information discussed on today's conference convoke will exist on a non-GAAP basis only. This slide, which they moreover inspirit you to read, provides information about the utilize of GAAP and non-GAAP measures because non-GAAP measures are not intended to exist superior to or a substitute for the equivalent GAAP metric. Non-GAAP items are described and reconciled to GAAP results in today's press release and those and other reconciliations and supplemental details are included in the presentation appendix, which again is available on their website.

    Additionally, given the sale of the HNT Tools business, they may design references to unavoidable pro forma, organic, non-GAAP performance trends that exclude revenue or costs associated with the HNT Tools business. As a reminder, they maintain moreover provided supplemental data for comparability purposes related to the reclassification of products and service revenue and the applicable costs for prior periods. That information can exist create in the press release, in the appendix of the slide presentation and on the Investor Relations website.

    Overall they delivered quarterly revenue at the upper-end of their plans and their diluted EPS results exceeded their targets for the quarter. They moreover made Important progress to lower costs while funding key initiatives fundamental to expanding their business. As they drag into the second half of the year, we've moreover updated their guidance to reflect a number of factors.

    With that as a backdrop, I'll now revolve the convoke over to Anil for his prepared remarks. Anil?

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Thank you, Andy. splendid morning everyone and thank you for joining us. Let's inaugurate on slide number six with a brief recap of their second quarter non-GAAP results. Their second quarter fiscal year 2019 performance was solid. They delivered second quarter diluted EPS of $0.25 on revenue of $224 million. Their top-line performance reflected lower revenue across their service assurance and security product lines, within the service provider customer segment and relatively flat revenue in their enterprise customer segment. They moreover delivered improved shameful margins and continue to reduce costs during the second quarter, both of which contributed to the strong diluted EPS performance.

    Jean will review their second quarter results in more detail in a few moments. During the second quarter, they made Important financial, operational and strategic progress. They took actions to lower their operating costs by divesting a lower-margin non-core business, restructuring key areas within their organization and continue to manage expenses. At the identical time, they continue to invest in key evolution projects and go-to-market initiatives that are aligned to their most-promising near and long-term growth initiatives.

    As they contemplate into the second half of the fiscal year, they are seeing many of the headwinds that maintain affected their top-line in recent quarters dissipate, and believe that they will exist largely behind us as they exit this year. I would like to briefly expand on this. In their service provider service assurance product area, they are seeing revenue from their two largest carrier customers stabilize after substantial declines in recent years. Just as important, they believe their progress to fortify their incumbency at many of the other largest mobile operators and cable customers will contribute to help top-line results in the second half of this year and beyond.

    In the enterprise, they took an Important step to address revenue declines within the former Fluke Enterprise Network product lines that they acquired along with other Danaher communication business asset three years ago. In mid-September, they sold the former Fluke Handheld Network Test or HNT Tools business. Although the remaining legacy Fluke system product maintain been a modest drag on their first half enterprise revenue, they maintain integrated many of the highest value capability from those remaining legacy offerings into their broader nGenius enterprise portfolio.

    Moving forward, they hope that those initiatives will befriend fuel growth in their nGenius enterprise offerings and more than offset any ongoing revenue erosion from the remaining legacy Fluke product lines. The final headwind affecting their top-line is their security product area, which represented more than 20% of final year's total revenue. Today these products largely consist of distributed denial of service or DDoS Solutions. Their carrier and ISP customer maintain throttled back their DDoS spending over the past two years, as they absorbed excess capacity following substantial investment arising from high-profile DDoS attacks. DDoS revenue is now trending behind their original contrivance as service provider continue to disburse cautiously on capacity. Nevertheless, they anticipated second half DDoS revenue from service provider will outpace first half levels, which will exist consistent with historical trends. As these headwinds dissipate and they strive to resume top-line growth, they maintain moreover taken actions to lower their operating cost and help their shameful margins, which they believe will befriend amplify future earnings growth.

    Let's revolve to slide number seven for some additional color on this. As I alluded at the outset of my remarks, they maintain taken Important steps in recent months to reduce their operating cost in ways that finish not impede their aptitude to grow or back customer or avoid counter to their corporate values and culture. Earlier this year, they outlined plans to reduce annual avoid rate operating cost by up to $50 million by adjusting headcount, related personnel costs, aggressively managing discretionary spending and selling unavoidable non-core assets. They maintain made excellent progress in each of these areas and now hope to exceed their initial cost reduction target by removing at least $70 million in operating costs. Through the first half of this year, their operating expenses declined by 9% from the identical period a year ago. In particular, personnel cost decreased by over $10 million, largely as a result of lower headcount tied to attrition and the management of recent hires.

    As notable earlier, in September, they completed the divestiture of HNT Tools business, which removes approximately $30 million of annual operating cost and in conjunction with the sale, approximately 120 employees were transitioned from NETSCOUT to the acquirer of the HNT appliance business. During the second quarter, they moreover initiated a restructuring across various areas of the business to realign their resources in ways that are aimed at prioritizing investment in growth oriented initiatives and eliminating redundancy arising from the integration of legacy platforms, products and technologies associated with the Danaher Communications acquisition.

    In conjunction with these actions, they maintain combined their previously separate service assurance, security engineering teams started consolidating unavoidable other facilities and implemented a deliberate separation or VSP program and other related measures. These programs are expected to result in a net reduction of approximately 145 employees by the recess of this fiscal year. They hope that these actions will generate net annual rate savings of $22 million to $24 million of which $9 million to $10 million will exist realized in the second half of this fiscal year.

    As they drag forward, they believe that they can operate a very scalable infrastructure that would require low incremental increases to their operating costs. In addition to adjusting their operating cost structure, they maintain moreover remained focused on improving shameful margins. Over the past three years, they maintain reshaped and expanded their product portfolio with a focus on delivering higher margins, software-centric solutions that address a broad scope of customer utilize cases. Their progress thus far is most evident in the service provider customer segment with their service assurance solutions. Only three years ago, carriers deployed their service assurance solution as appliances and majority of this product revenue carried shameful margin in the mid-60% range. Through the first half of this year, 16 of their 20 largest service provider maintain already deployed their platform as a software only solution, which carries shameful margins of over 90%. The software-only ISNG platform represented 30% of service assurance service provider product revenue for the first half of the year, up from 16% one year ago. As adoption of their software only platform grows, along with other software-centric solutions for NFV, business intelligence, application performance and security, they believe that their shameful margins maintain significant upside potential.

    Let's revolve to slide eight for some further color on the key drivers for stronger revenue performance not only in the second half of this fiscal year, but over the longer term as well. In their service provider customer segment, they currently hope second-half revenue for this segment will exist relatively flat to slightly higher versus final year, with higher service assurance revenue mostly offset by modestly lower DDoS revenue. In their service assurance product area, they hope solid growth outside of the US as they capitalize from recent projects with top mobile operators in Eastern Europe and Asia Pacific to monitor recent 4G LTE networks. Michael will highlight one of these wins shortly.

    In addition, as they mentioned on final quarter's call, they moreover anticipate meaningful contribution from their calibration offerings that are helping great tier-one operators in North America design their recent 5G radio access network infrastructures. At the identical time, however, they believe that the larger tier-one service provider will continue to confine near-term spending on their existing 4G networks. Longer term, they are very bullish that 5G represents an Important ferment to drive higher spending. They believe that this could capitalize us as early as next fiscal year, although visibility remains limited. In addition to expanding their monitoring capacity in their core networks to handle initial 5G traffic volumes, they anticipate that carriers will ultimately evolve their infrastructure over the next few years with greater stress on recent edge computing capabilities and NFV technology. They are well positioned to befriend carriers in these areas and hope that 5G domain trials for their monitoring solution will continue to ramp over the coming quarters.

    In DDoS, they drag forward anticipating a more gradual recovery in service provider spending than what they originally expected at the start of the year. Nevertheless, they remain optimistic about their longer-term growth prospects, as the spending environment continues to improve, they contrivance to capitalize by further enhancing their market-leading solutions with recent automation capabilities along with more supple pricing and deployment options. As they contemplate out into next year, they are focused on delivering recent innovations that can befriend their service provider customer further protect their mobility networks as well as expand the scope of DDoS-managed services that can exist sold to their enterprise customers.

    Within their enterprise customer segment, they maintain been pleased with the growth of their pipeline in recent quarters and they anticipate modest organic growth during the second half of fiscal year in 2019. While a majority of their enterprise revenue is quiet tied to traditional network performance management and related troubleshooting utilize cases, they maintain expanded their value proposition to broaden their total addressable market. For example, their vSCOUT and vSTREAM offering befriend enterprises extend visibility into application performance across their data headquarters and hybrid cloud infrastructure. Over the past several months, two of the world's largest public cloud providers, Amazon Web Services and Microsoft Azure maintain validated their capability by making their Application Performance Management solution available on their respective marketplaces. In addition, they maintain worked with Azure on their virtual network TAP initiative, which results in an agentless solution that provides mutual customer with visibility into applications and their dependencies in hybrid environment comprising both on-prem and Azure Cloud infrastructure. Michael will provide some further detail on these developments.

    Looking ahead, they moreover believe that enterprise security has the potential to become a major growth engine and they are investing accordingly. final week, they introduced the Arbor Edge Defense platform or AED. This solution not only helps enterprises protect against incoming DDoS attacks with proven, market-leading capabilities but it moreover serve as the final line of defense against outbound threats perpetuating malware and other threats. They behold attractive opportunities to cross sell AED into their service assurance enterprise customer base, and they are pleased with their initial progress on this front. In addition to AED, they introduced recent software feature within their ISNG, now named Cyber Optimizer. Enterprises can utilize this packet-shaping software to cost-effectively collect and filter packet data before forwarding it to other security tools. They are moreover advancing plans for a security-specific version of their ISNG platform and recent analytics that leverage their strength in packet forensics and an innovative approach to identifying advanced threats through anomalous network behavior.

    Let's revolve to slide number nine for additional perspective on outlook and some final thoughts. They maintain updated their fiscal year 2019 revenue guidance to primarily reflect the sale of the HNT Tools business and more modest second-half recovery in DDoS service provider revenue than they originally expected. Adjusting their guidance by a total of approximately $47 million to account for those factor results in a recent scope for annual revenue between $925 million to $960 million. Using the comparable accounting touchstone basis with the prior year and excluding revenue from the HNT Tools business, the mid-point of their updated revenue guidance would equate to relatively flat revenue versus pro forma fiscal year 2018.

    The skew of revenue between the third and fourth quarter is currently difficult to forecast primarily as a result of limited visibility into timing of revenue recognition for a tiny number of moderate-sized service providers service assurance projects. Accordingly, they currently anticipate third-quarter revenue in the scope of $230 million to $250 million. If they are unable to achieve customer acceptance on these projects before the recess of the calendar year, they would hope third quarter revenue at the lower recess of this scope and revenue from those projects will likely exist recognized in the fourth quarter.

    In terms of their earning performance, they remain on track to achieve their original non-GAAP diluted EPS guidance scope and maintain further refined this target to scope from $1.30 to $1.40, largely due to the anticipated cost savings associated with the recent restructuring actions. affecting forward, they are focused on achieving their second-half goals and demonstrating that they can build the sales momentum necessary to achieve the long-term monetary target they outlined this past spring.

    In closing, they made considerable progress this quarter and implemented significant changes across their global organization. I would like to thank my fellow guardians at NETSCOUT for their continued back and ongoing focus on affecting their business forward. That concludes my commentary and I'll revolve the convoke over to Michael now.

    Michael Szabados -- Chief Operating Officer

    Thank you Anil, and splendid morning everyone. slide number 11 outlines the areas I contrivance to cover. As I highlight recent wins, I will moreover intersperse some comments about related go-to-market activities. In the service provider market, they are seeing tier-one North American carriers aggressively contrivance for 5G while top regional carriers in international markets are investing in the build out of their 4G-LTE networks. They recently received a substantial seven-figure order for their ISNG software platform as portion of a multi-year project with one of the largest carriers in the Asia Pacific region. This relationship has evolved and expanded over the past several years since an initial deployment of legacy hardware probes. More recently, as portion of its contrivance to augment the precipitate of deployment and help its capital efficiency while keeping pace with robust subscriber growth, the customer began rolling out their ISNG software across its network. This mobile operator is moreover using their packet current software capabilities to efficiently feed traffic to their ISNG platform while moreover benefiting from their nGenius business Analytics product to gain greater insight into subscriber intelligence -- subscriber experience. This customer's success in migrating from hardware-based probes to a scalable software solution that unlocks the power of their smart data, underscores the reasons why Frost & Sullivan recently recognized NETSCOUT with its Visionary Innovation Leadership Award for the global network data analytics industry.

    In the enterprise, they are making even progress with their initiative to provide customers with consistent visibility into their application workload across conventional data centers, private clouds and the public cloud. With using their smart data solutions, enterprises can deliver consistent and high-quality user undergo before, during and after cloud migration. As Anil noted, they maintain established relationships to list their Application Performance Management solution on the marketplaces of both Amazon Web Services and Microsoft Azure. This sends a powerful message to customers and prospects about the operational readiness, scalability and value of their solutions. Recently, they closed another software deal, around $1 million, with a great US Enterprise to back their planned migration to AWS. To further expand their recent sales pipeline for these offerings, they are planning to participate as a Platinum partner at the AWS re:Invent present toward the recess of this month.

    In addition, they are working closely with Azure on a Virtual Network TAP, VTAP initiative to deliver a comprehensive network and application performance management solution to mutual customers. By leveraging the aboriginal distributed terminal access point or TAP functionality developed by Azure and combining it with NETSCOUT technology, customers accept an innovative and agentless solution to streamline the acquisition of wire-data for effectual monitoring and assurance in a hybrid environment. final month, at their Ignite user conference they were recognized as the NPM/APM partner in their VTAP program.

    On the security front, Anil circumstantial some of the progress they are making on their recent product roadmaps, which was highlighted by the recent launch of Arbor Edge Defense, or AED. They maintain already closed their first AED sale with a recent e-commerce hosting customer in North America. They are accelerating cross-selling activity for this platform and for their other security offerings to drive adoption into their service assurance enterprise customer base. A distinguished example of their initial success on this front occurred final quarter with Banco Votorantim, one of Brazil's largest banks. This customer is rolling out nGeniusONE with multiple ISNGs, nGenius packet current systems, their nGeniusPULSE and other portable platforms as well as their DDoS solution to ensure that its mission-critical applications and services are always available to both customers and employees.

    As they drag forward, they are continuing to promote sales campaigns and other go-to-market activities that can leverage a wide array of strategic technology relationships. Their partnership with VMware is a splendid illustration of this. As you may recall, final quarter VMware fully certified the NSX edition of vSCOUT as a VMware Ready for Networking and Security. Since then, they maintain presented regularly at the regional VMUG user conferences and participated at VMworld in Vegas two months ago. We've been pleased with the interest that these activities maintain generated among their mutual customers, and hope similar enthusiasm when they attend at VMworld Europe next week.

    That concludes my prepared remarks. And at this point, I will revolve the convoke over to Jean.

    Jean Bua -- Chief monetary Officer

    Thank you Michael, and splendid morning everyone. This morning, I will review key second-quarter and first-half fiscal year 2019 metrics, along with their updated guidance. As a reminder, this review focuses on their non-GAAP results unless otherwise stated, and sum reconciliations with in their GAAP results issue in the presentation appendix. In addition, due to the sale of the HNT Tools business in mid-September, I will highlight unavoidable revenue trends on a pro forma non-GAAP basis, which excludes the HNT Tools revenue. Regardless, I will exist positive to note when the comparisons are pro forma versus reported.

    Additionally, as a reminder from final quarter, their second-quarter results reflect the reclassification of unavoidable subscription-oriented security offerings as services rather than products. Prior period revenue and related costs for those offerings were reclassified to conform to the current period presentation for comparability purposes. That detail is available in the attached monetary tables of their press release, in the appendix of their conference convoke slides, and it can moreover exist downloaded from the investor relations website.

    Slide number 13 details their results for the second quarter and first half of fiscal year 2019. Total second-quarter revenue of $224 million, which is at the higher recess of their targets declined 14% due to softness across their service provider customer segment while their enterprise customer segment posted flat top-line results. Excluding ASC 606 and the timing related to the sale of the HNT Tools business, which combined to exist a net capitalize to revenue of approximately $5 million, revenue would maintain been at around the midpoint of their target. Despite the overall decline in revenue, their shameful profit margin of 76% increased by half a percentage point. Operating expenses declined by 11% due primarily to lower headcount and related personnel costs. They reported an operating profit margin of 14.7% with a diluted EPS of $0.25. After taking into account the positive $0.08 outcome associated with the adoption of ASC 606 on quarterly diluted EPS, their diluted EPS would maintain been at the tall recess of the targets that they offered final quarter.

    I'd like to participate a quick update on their headcount. They ended the second quarter with 2,770 employees, which is down 323 people from the identical quarter of the prior year. Around one-third of the change is related to transitioning the teams associated with the Fluke HNT Tools divestiture in September. During the quarter, they moreover began implementing a VSP and other related measures, which they hope to complete by the recess of this fiscal year. They anticipate that these actions will result in an additional net reduction of approximately 145 employees and generate $9 million to $10 million in cost savings in the second half of this fiscal year. For fiscal year 2019, they will incur one-time cash charges associated with these programs totaling approximately $18 million. The full year outcome of these actions on fiscal year 2020 operating expenses will exist a reduction in the scope of $22 million to $24 million.

    Turning to slide number 14, I'd like to review key revenue trends. Second-quarter revenue in their service provider customer segment declined by approximately 25% with double-digit percentage decreases in both the service assurance and DDoS product areas. In the enterprise, second-quarter revenue was relatively unchanged. On a pro forma basis, excluding the HNT Tools business, their enterprise service assurance revenue grew mid-single digits in the second quarter while security was flat. In terms of first-half revenue trends, approximately 52% of total revenue was generated from the enterprise customer segment with the residue from service provider. In terms of revenue by geography, which is calculated on a GAAP basis, revenue in the US decreased by 10% with a 13% decline in international markets. International customers represented 38% of GAAP revenue versus 39% final year. They did not maintain a 10% revenue customer in either the second quarter or the first half of the year.

    Slide 15 details their balance sheet highlights and free cash flow. They ended the quarter with cash, cash equivalents, short-term marketable securities and long-term marketable securities of $452.1 million. Free cash current of $1.5 million includes some one-time, non-recurring items such as transaction costs associated with the HNT Tools divestiture, severance payments associated with the first phase of their headcount restructuring programs and higher capital expenditures to relocate one of their facilities. They continue to anticipate well free cash current conversion for the full year in excess of 100% of their non-GAAP net income, excluding payments associated with their headcount restructuring programs.

    To briefly recap other balance sheet highlights, accounts receivable, net, were $184.2 million, down by $29.2 million from the recess of March. DSOs were 73 days versus 78 days at the recess of fiscal year 2018 and 72 days at the identical time final year. The one day augment over the prior year primarily reflects the timing of unavoidable collections associated with international security customers with longer payment terms. I'd like to provide a brief update on their participate repurchase activities. They completed their $300 million Accelerated participate Repurchase or ASR during the second quarter. In total, they repurchased 11,067,809 shares of common stock with an middling charge of $27.11.

    Let's drag to slide 16 for guidance, which we've updated to reflect a number of items, including their results to date, the sale of the HNT Tools business, cost-reduction actions and recent assumptions regarding some of the revenue risk they behold primarily related to a more gradual recovery in DDoS revenue in the service provider segment. I will focus my review on their non-GAAP guidance. As Anil circumstantial earlier, their updated fiscal year 2019 revenue guidance ranges from $925 million to $960 million, which is a reduction of approximately $47 million from their original guidance range. Of this amount, $26 million is due to selling the HNT Tools business in mid-September and removing the revenue that they had otherwise anticipated from those product lines. The remaining $21 million is primarily tied to lower-than-anticipated DDoS revenue in the service provider segment. We've moreover updated other key assumptions around their fiscal year 2019 operating model, which are outlined on this slide. They currently anticipate full year shameful margins in the 75% to 76% scope as the benefits of ongoing adoption of their software solution are likely to exist offset by lower sales volume and product amalgamate shifts including the ramping of recent 5G calibration design projects that typically inaugurate with lower shameful margins and help significantly over time.

    We currently anticipate full year operating costs in the scope of $535 million to $555 million. In the second half of fiscal year 2019, the sale of the HNT Tools business will remove $15 million to $16 million of operating expenses while the restructuring actions circumstantial earlier are expected to remove costs of approximately $9 million to $10 million. Their other assumptions regarding tax rate, interest expense, and middling weighted shares outstanding are largely unchanged from final quarter. As a result, they maintain refined their fiscal year diluted EPS targets within their original guidance scope and now hope diluted EPS between $1.30 and $1.40.

    In terms of their near-term outlook, Anil already reviewed the dynamics that are creating the scope for third-quarter revenue between $230 million to $250 million. They currently anticipate third-quarter shameful margins to exist at least 1 percentage point to 1.5 percentage points lower than the second quarter due primarily to the calibration projects associated with the initial phases of their customers' 5G network roll-outs. They hope that operating expenses will decline from second quarter fiscal year 2019 levels by $5 million to $8 million due largely to the previously discussed cost-reduction actions. As a result, diluted EPS for the third quarter is expected to scope from $0.33 to $0.45.

    That concludes my formal review of their monetary results. Before they transition to mp;A, I will mention that slide 17 details upcoming investor conferences, which they contrivance to augment with additional NDRs in key money centers in the US. I will now revolve the convoke over to the operator to start mp;A.

    Questions and Answers:

    Operator

    Thank you. (Operator Instructions) We'll grasp their first question from Chad Bennett with Craig-Hallum. gratify travel ahead. Chad, your line is open.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Maybe you're on mute.

    Andrew Kramer -- Vice President, Investor Relations

    Why don't they travel to the next question, operator. We'll accept back to Chad.

    Operator

    Certainly. We'll travel next to Eric Martinuzzi from Lake Street. gratify travel ahead.

    Eric Martinuzzi -- Lake Street Capital Markets, LLC -- Analyst

    Hey, just had a question regarding the growth opportunity, so I am referring to slide eight in the presentation here. And may I contemplate the things accept more exciting at NETSCOUT as far as investment opportunity when the service provider business kindly of comes back on track. And the bullets that you highlight under the growth opportunities there, we're talking about solid growth outside the US. There is the 5G potential and then kindly of DDoS was a diminutive bit disappointing and they remain optimistic. But are there any green shoots kindly of, so to speak in that service provider business where these growth opportunities that you're outlining could give us some sense of encouragement because really with the bring down on the DDoS for the back half of the year, I'm just looking for some encouragement that that service provider business gets back to growth.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    So I contemplate there are lot of things, I mean, green shoots in terms of potential, and excitement about next year. There are few things, additional things, they talked about 5G, depends on how much traction is there in 5G, moreover I contemplate finally virtualization NFV projects coming to maturity smooth in terms of people wanting to spend. There are other parts of outside of US, who are investing in 4G, they announced one substantial opportunity, which they got final quarter, there will exist more things. And then in April, when they maintain their user conference, they are planning to announce something substantial in the security space for service provider.

    If you contemplate at the security opportunity is largely DDoS today, but -- and DDoS is partly service provider and partly enterprise. But in the main security advanced threat area, they will exist talking about things both for the enterprise and service provider segment. They maintain really not applied security to the mobility portion of the network, they maintain been basically service assurance. So those are some of the things which they didn't talk about today, because it's too early to announce. But they should exist able to participate it after the recess of this fiscal year.

    Eric Martinuzzi -- Lake Street Capital Markets, LLC -- Analyst

    And just keeping the focus on service provider, you talked about your two great North American Tier 1s being stable. By stable does that signify the revenues are flat and are expected to remain flat or is there -- can you give us any visibility on those North American --

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Yeah, they are not counting on, I mean, there could exist upside, but, yeah, what they meant was it's not going to deteriorate further this year or next year. And margins will possibly help because of movement to software models.

    Eric Martinuzzi -- Lake Street Capital Markets, LLC -- Analyst

    Understand. Thanks for taking my questions.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Sure.

    Operator

    Thank you. We'll travel next to the line of James Fish from Piper Jaffray. gratify travel ahead.

    Jim Fish -- Piper Jaffray & Co. -- Analyst

    Hey guys, congrats on the upside this quarter. Just my first question, competitively, we've been hearing kindly of rumblings more from the traditional networking guys adding their software assurance capabilities on to their offerings, are you guys seeing more pressure from those guys per se and they cost compared to kindly of the traditional peer group that you guys usually compete against. Thanks.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Yeah, travel ahead -- sorry, travel ahead, I didn't want to interpret, is that the additional thing on the question or that's it?

    Jim Fish -- Piper Jaffray & Co. -- Analyst

    Yes, that's it.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Okay. So I contemplate you are referring to the competition from NEMs and when I contemplate at the history of NETSCOUT since I started 30 years ago, every time there is a technology turn, whether it's going from routing to switching in the mid-'90s, going to carrier, going to IP in mid-2000s later on with security and now with virtualization, 5G, there is a fervor that touchstone solution won't survive. And -- but customers are looking for -- and that gives the imprint that people like Huaweis, Ericsson, Ciscos they're going to provide embedded solution. And every time this theory has been proven wrong. I mean, there's always a competition with them, but this somehow or other escalates at these points and people are looking for multi thing solution, which is independent of multiple vendors.

    No carriers goes to a single NEMs for they don't want to depend, they'll typically will maintain a multi-vendor environment. And they are the only ones who can give you a single pane of glass in that multi-vendor environment without any biases and sum those. So, yes, competition is there, every time they travel to this recent thing, it creates some disruption. But in the end, it creates more awareness of what they finish and usually this just doesn't really move their growth. In fact, it improves their visibility and potential.

    Jim Fish -- Piper Jaffray & Co. -- Analyst

    Got it. And then maybe just on the Arbor side, the DDoS business, what finish you want to hear from some of the public CDN guys out there or some of the private guys doing well in this space, seems actually like a very robust market. I guess why is Arbor not more engaged with kindly of the broader market and winning more deals. I accept that it's more service provider exposed, but I'm just inquisitive as to why that business is actually more of a decline on easier comps this year?

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Yeah, that's a splendid question. So, and it's natural to behold that because when you contemplate at the market studies, it would contemplate like that market is growing. I contemplate two reply to this is, they are more -- they are quite big, they are the number one player from a carrier DDoS perspective. And so, they were the most affected by -- they had, if you recall two years ago, they maintain like a outstanding year, 20% year-over-year growth. That was because (inaudible) and people buying lot of insurance and capacity. So they are somehow or other paying the charge of this as a result of that, plus US carriers curtailing spending on sum fronts, including service assurance, which they discussed earlier. At the identical time, they maintain really not used -- invested in enterprise DDoS opportunities and not taken edge of some of the NETSCOUT customers who could -- they could cross sell.

    So they maintain invested that this year was a transition year and we're going to exist announcing their recent security strategy, including their DDoS solution at their user conference in April. And after that, I thing we'll exist able to mitigate some of the challenges on the service provider in the sense that, their negatives are bottoming out, similar to service assurance and their recent strategy will start taking off. And the recent strategy will maintain a different pass of competing with CDN based solutions like Akamai. And so, I guess, that's basically the commentary. Yes, they maintain been down. There are some splendid reasons for it, partly because of recent investment required on enterprise and reduced spending on service provider, which largely effected NETSCOUT more than other people. But I contemplate with their recent strategy, they are going to leapfrog the competition and start going again next year.

    Jim Fish -- Piper Jaffray & Co. -- Analyst

    Got it. Thanks, Anil.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Yeah.

    Operator

    Thank you. And we'll travel next to the line of Alex Kurtz with KeyBanc Capital.

    Alex Kurtz -- KeyBanc Global Markets -- Analyst

    Good morning, everyone. Anil, just on the 30% remark you made about software in the service provider segment, is there a pass to befriend investors understand what that number could exist in more definitive terms with specific timelines over the next couple of years. I contemplate it's a very encouraging sign that you're seeing uptick in that adoption, but it's moreover creating some headwind to revenue that is difficult to design every quarter. So two things, are you able to sigh by, say, fiscal '21 you contemplate at least half of that business or more could exist software, maybe you maintain to arrive back another time. And then, Jean, is there a pass to design every quarter what the -- what kindly of the revenue impact is, as some of these service provider customers transition software versus buying the appliance?

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    So let me just mention, so Alex, splendid question, and I contemplate they talked about it in the past also. So, interestingly, therefore great service provider deals, they are not seeing revenue erosion, because of affecting to software model. And so, for example, when they maintain -- when they are using the software model for great -- this substantial deal, which they announced recently and almost $50 million to $100 million deal they had announced in the past. final year, if you remember, Alex, they had their actual disburse on NETSCOUT increased, because of the software they came to charge points, which allowed us to mitigate the charge per unit.

    So overall, I contemplate overall in terms of percentage of software, yes, in two years, getting to 50% in the service providers from current 30% is very possible. And I think, short-term outcome of revenue decline because the charge per unit travel down, is actually being made up in many cases or most cases by increasing volume and better competitive situation, which is making their technology more pervasive.

    Alex Kurtz -- KeyBanc Global Markets -- Analyst

    Okay. And -- OK, so I guess, no question for Jean then on that point. Just on your two substantial domestic operator customers, what would it grasp to change their momentum with you. It sounds like 5G could exist the answer, but it's not clear that's going to befall next year. So, one of the top one or two things that would maintain to befall to accept those two accounts back to say, maybe 70% of what they used to be.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    So that -- so, I contemplate we, obviously people like to hear, we'll accept back to those days. I contemplate their strategy is to not depend on those to finish 70%.

    Alex Kurtz -- KeyBanc Global Markets -- Analyst

    Right.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    So they contemplate that, that was the problem. They should not maintain 20% customer and at that time they had it. They are affecting in direction where we'll maintain a much broader customer base. They are quiet going to exist the biggest vendor for these two providers even at a 5%. So they are like 5% ilk customer now and I contemplate it's going to travel slightly up and down. But they are not counting on when they provided the growth estimates, a contrivance for next three years whether it's margin or growth rate, not one of them is depending on these two provider and doing a much bigger participate of the revenue than they finish today.

    Alex Kurtz -- KeyBanc Global Markets -- Analyst

    Thank you.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Yeah.

    Operator

    Thank you. We'll travel next to Matthew Hedberg with RBC Capital Markets.

    Matt Hedberg -- RBC Capital Markets -- Analyst

    Hey, guys, splendid morning. Thanks for taking my questions.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Sure.

    Matt Hedberg -- RBC Capital Markets -- Analyst

    In your prepared remarks you talked about vSCOUT and vSTREAM aiding your APM business. And I contemplate both of them are available now on AWS and Azure. Can you talk a diminutive bit more about how these products might befriend the enterprise segment and maybe just a refresher on what you behold as the competitive landscape there?

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    So when they contemplate at that -- behold they are positioning their Company as a smart data company where they say, they will provide visibility no matter where you deploy the application. There are players on the cloud side, there are players, start-ups on the AWS side and there are players on the datacenter side like they were and there is competition in sum three area. But there is no one company which does a distinguished job on providing single pane of glass across sum these areas. Hybrid cloud environment, public SDN, SD-WAN, or data center. And that's their differentiator and in that way, they don't contemplate at the revenue for vSCOUT or vSTREAM as particularly Important by itself, because they contemplate at -- they provide the complete picture and customers are deploying applications in various places. And they maintain a hybrid environment and they necessity NETSCOUT solution rather than bits and pieces which they'll maintain to keep together from multiple vendors to finish that.

    So their differentiator is vSCOUT, vSTREAM completes the picture. They don't know when the full transition to cloud is going to happen. But with their software model, they maintain similar margins in sum these areas. And I contemplate the margin, the revenue contribution from cloud and vSCOUT and vSTREAM will remain tiny for short term. But it has enabled the bigger sale, overall sale. Michael, you had something?

    Michael Szabados -- Chief Operating Officer

    Yeah, I wanted to add that a number of their customers they are seeing a trend that IT is becoming a broker of multiple different data headquarters services whether public cloud, private cloud or their own on-prem offerings. And in this role, they are finding a recent utilize case. They are their key appliance to exist able to migrate or befriend their internal customers pick the right election or drag around these different cloud choices or data headquarters choices. So they are becoming an enabler for this kindly of a recent IT behavior.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    So, I contemplate just to summarize what Michael is proverb is that, that having end-to-end solution, it's is a substantial word -- buzzword end-to-end everyone talks about it. But end-to-end solution with a single architecture where you can compare before and after, pick up the right choices, provide the identical visibility and not just consolidating variant data sources is their differentiator. So, they compete with cloud-only player by saying, they maintain data headquarters also. They compete with data headquarters people deployment, proverb they maintain cloud also. And nobody had the A plus B plus C tale like they have.

    Matt Hedberg -- RBC Capital Markets -- Analyst

    That's great, it's helpful. And then, Jean, in your prepared remarks you talked -- you notable the rigor I contemplate to forecast the split of revenue between Q3 and Q4, there's some timing assumptions there. But I contemplate for your guidance, Q4 is expected, I contemplate total revenue about 13% or 14% sequential growth into Q4, that's a diminutive higher than we've seen over the past several years. I guess and my question is, when you contemplate about the second half in general, can you befriend us on your visibility of just great deals in generic on the product side and sort of the solace smooth around those -- and then I contemplate federal too. I'm sort of interested in that as a sort of a initiative as well?

    Jean Bua -- Chief monetary Officer

    So, their guidance as Anil has said between Q3 and Q4 is a diminutive uncertain, mostly because they probably maintain at least three double digit in the million deal that we're finishing projects for, they're mostly service -- they're sum service provider that we're finishing some projects on. And that they just necessity to accept acceptance from the customer. So whether that happens on December 31st, it would exist a Q3 revenue, if it happens on January 1st, it becomes a Q4 revenue. And then just traditionally, they maintain always a Q3 and Q4 heaviest SKU (ph) due to calendar year-end budget and then the recent budget coming in in January, plus just the accelerator that their sales team are in to exist able to accept to unavoidable incentives that are Important to them.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Just to add one thing, so that $20 million gap is not a visibility gap, it's a Q3 versus Q4 visibility, not a second half visibility gap. And if it comes to the tall recess of the scope in Q3, then it won't exist 13% to 14% in Q4, it will exist much less.

    Matt Hedberg -- RBC Capital Markets -- Analyst

    Okay. So if you -- basically you're proverb that, there is the visibility -- the more the question is when the deal is closed between Q3 and Q4 not necessarily if they immediate in the second half, it sounds like your confident that these will immediate in the second half is high.

    Jean Bua -- Chief monetary Officer

    Yeah, so these deals are mostly deals that maintain already occurred, sense the odd is always there and we've been doing travail on them. And so, it's just the matter of, you know, under their control when the projects are completed and implemented and then under the control of the customer as to for revenue recognition when they coincide and give us acceptance. And like I said, if they did it on January 1st, it would exist a Q4 event, if they did it on December 31st, it would exist a Q3 event.

    Matt Hedberg -- RBC Capital Markets -- Analyst

    Got it. Super helpful. Thanks guys.

    Jean Bua -- Chief monetary Officer

    Thank you.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Yeah.

    Operator

    Thank you. (Operator instructions) And we'll travel next to Chad Bennett with Craig-Hallum Capital Group. gratify travel ahead.

    Chad Bennett -- Craig-Hallum Capital Group -- Analyst

    Hey splendid morning. Thanks for taking my questions. I am hopping between calls. So, hopefully I'm not redundant. So I contemplate in the prepared remarks you talked about 30% of service provider, I believe, product revenue for the first half being software-only, finish they maintain a sense of maybe where they -- again if everything goes to contrivance where you could recess the year as a amalgamate of service provider product revenue from software-only solutions?

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    I don't know Jean. I contemplate this is probably in the identical range.

    Jean Bua -- Chief monetary Officer

    Yeah, I contemplate they would sigh right now, yeah, for FY '19 we'll probably, I am just doing a quick follow-up for a second, we're probably given that, what I just talked about with the projects that are completing, 30% is probably a splendid target for full year of FY '19.

    Chad Bennett -- Craig-Hallum Capital Group -- Analyst

    And so those, the three double-digit million deals that you just mentioned on the prior question, those are sum software-only? Is that safe to say?

    Jean Bua -- Chief monetary Officer

    I would sigh that one --

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Like two out of three are.

    Jean Bua -- Chief monetary Officer

    Yeah, two, probably two out of three are mostly software.

    Chad Bennett -- Craig-Hallum Capital Group -- Analyst

    Okay. Got it. And is -- are they -- just on the DDoS kindly of expectations for the second half, finish you contemplate -- I understand kindly of the over-buying phenomena final year and how you're kindly of absorbing that this year? Is there anything else in the overall DDoS market that you believe has changed since final year?

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    No, that's it, I mean, for us, I contemplate overall market is growing slightly. And they maintain been more focused on service provider and they maintain been the biggest player in service provider. And that they are the most impacted and that combined with the US carriers, so the business has really impacted in Tier 1 US carriers or US carriers deploying DDoS, which is they sort of are the biggest player in that. And they saw the similar outcome two, three years ago in the service assurance district as they talked about earlier. And so, I contemplate this is the final year where even though we'll grow in the second half versus the first half, overall the year will exist down. And from next year we'll start from a lower groundwork and start growing again.

    Chad Bennett -- Craig-Hallum Capital Group -- Analyst

    Right. And maybe final one for me, how much I guess as much as you can bid while you probably can tell, how much implied 5G disburse is in your second half guidance. And I assume you believe that will meaningfully change or help heading into next fiscal year?

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Yeah -- no, at the next fiscal year, it's too early to tell. But I'll just design a remark about that in a minute, but there's very diminutive in the second half for 5G, but it's very -- if you compare to zero versus final year, then yeah, it's significant. And -- but the next year it's sum going to depend on 5G rollout -- the precipitate of 5G rollout. And I mentioned about a single pane of glass remark in respond to a previous question, why customer would prefer their cloud solution versus other people because they cover sum sides of the house. They provide in the hybrid environment they maintain the best solution. Similar to their two tier, they talked about, why they are competitive against NEMs is because they provided honest vendor independent solution.

    Same tale applies to 5G, when you maintain a convoke going through 4G, 3G, 5G networks, you necessity a single pane of glass to contemplate at the attribute of the call, troubleshoot and sum those. So their reestablished incumbency in 4G district because the software and better charge point, not just better technology puts that in front of the line for 5G projects. So it will sum depend on how swiftly 5G rolls out, but the 5G is not rolled out swiftly enough then capacity will exist built on the 4G side. And either case, they should behold some growth because of that.

    Andrew Kramer -- Vice President, Investor Relations

    And just to exist clear, Chad the 5G related projects that are portion of their thinking for this current fiscal year are tied primarily to calibration services that are used to design those 5G radio access network infrastructures for 5G. So it's a different capability than the traditional service assurance network monitoring solution that we've, you know, it's been deployed across 3G, 4G and will eventually exist deployed for 5G.

    Chad Bennett -- Craig-Hallum Capital Group -- Analyst

    Great. splendid color. Thanks for fitting me in.

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Sure. Thanks.

    Operator

    Thank you. And now I would like to revolve it back to Andrew Kramer for closing remarks.

    Andrew Kramer -- Vice President, Investor Relations

    Thanks, Erika. I'd like to thank everybody for tuning in this morning, I know it's assiduous day for everybody. contemplate forward to seeing you out on the road at different investor conferences if we're in money headquarters of yours, we'll certainly exist looking forward to seeing you there. And otherwise we'll talk to you in the recent calendar year. Thank you very much.

    Operator

    We'd like to thank everybody for their participation on today's conference call. gratify feel free to disconnect your line at any time and maintain a distinguished day.

    Duration: 60 minutes

    Call participants:

    Andrew Kramer -- Vice President, Investor Relations

    Anil Singhal -- Co-founder, President, CEO, Chairman of the Board

    Michael Szabados -- Chief Operating Officer

    Jean Bua -- Chief monetary Officer

    Eric Martinuzzi -- Lake Street Capital Markets, LLC -- Analyst

    Jim Fish -- Piper Jaffray & Co. -- Analyst

    Alex Kurtz -- KeyBanc Global Markets -- Analyst

    Matt Hedberg -- RBC Capital Markets -- Analyst

    Chad Bennett -- Craig-Hallum Capital Group -- Analyst

    More NTCT analysis

    Transcript powered by AlphaStreet

    This article is a transcript of this conference convoke produced for The Motley Fool. While they strive for their ludicrous Best, there may exist errors, omissions, or inaccuracies in this transcript. As with sum their articles, The Motley Fool does not assume any responsibility for your utilize of this content, and they strongly inspirit you to finish your own research, including listening to the convoke yourself and reading the company's SEC filings. gratify behold their Terms and Conditions for additional details, including their Obligatory Capitalized Disclaimers of Liability.

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    Huawei Launches Next-Generation SD-WAN Routers, Simplifying Cloud and Network Interconnection for Enterprises | killexams.com actual questions and Pass4sure dumps

    SHANGHAI, Oct. 15, 2018 /PRNewswire/ -- At HUAWEI CONNECT 2018, Huawei launched its next-generation SD-WAN routers. The next-generation SD-WAN routers utilize a unified platform and converge extensive offshoot services, including SD-WAN, routing, voice, firewall, and Wi-Fi to simplify service deployment. Leveraging the unique hardware acceleration engine, they proffer 2-times better forwarding performance than the industry average. Additionally, they implement "3 intelligences" -- smart application identification, application-based smart traffic steering, and smart acceleration -- to simplify cloud and network interconnection for enterprises.

    Nowadays, a growing number of enterprises are migrating their applications to third-party clouds or Software as a Service (SaaS) environments. Traffic surges on enterprise WAN networks but is transmitted inefficiently, imposing more-stringent requirements on WAN egress routers. WAN egress routers must back SD-WAN functions and converge multiple services such as routing, switching, and VPN to process services at a tall precipitate and ensure the undergo of key services.

    Huawei's next-generation SD-WAN routers comprise Customer Premises rig (CPE) and universal CPE (uCPE). They are sum developed on a unified platform, thus adapting to interconnections between branches and clouds of different sizes. The uCPE models provide an open computing platform, integrate various offshoot service functions, such as SD-WAN, WAN Optimization Controller (WOC), voice, Wi-Fi, and security, and implement automatic service orchestration through Huawei's cloud-based Agile Controller, greatly simplifying offshoot deployment and Operations and Maintenance (O&M). The next-generation SD-WAN routers utilize a unique hardware acceleration engine, multi-core concurrent processing mechanism, and three-level high-speed cache, offering 2-times better forwarding performance than the industry middling without any performance deterioration of concurrent key services. Moreover, they implement "3 intelligences" and proffer lossless undergo for key services.

    The next-generation SD-WAN routers are available in 16 models, including AR3600 string designed for large-sized branches and HQ/data centers; AR2600 string for tiny and medium-sized branches; AR1600 string for small-sized branches; and AR650 string for Small- and Medium-sized Businesses (SMBs), which are suitable for all-scenario interconnections between hybrid clouds, branches, and the Internet, meeting the service evolution requirements of enterprises over the next three to five years.

    At HUAWEI CONNECT 2018, Huawei moreover launched its SD-WAN cloud services that leverage the next-generation SD-WAN routers in combination with Huawei's cloud-based Agile Controller and professional Managed Service Provider (MSP) services. Huawei's SD-WAN cloud services are suitable for interconnection scenarios of chain enterprises, multi-branch great corporations, and SMBs. These services will provide enterprise customers with interconnections that are most suitable for cloud-network convergence in the all-cloud era, enabling enterprises to intelligently connect to the cloud.

    Zhu Yaming, Deputy generic Manager of Huawei Enterprise Gateway Domain, said, "Huawei's full line of next-generation SD-WAN routers are developed for simplified cloud and network interconnections. Equipped with the unique hardware acceleration engine, they proffer 2-times better forwarding performance than the industry average. They moreover back service convergence and simplified offshoot interconnection, as well as on-demand VAS provisioning, application-based smart traffic steering, and acceleration, significantly improving the offshoot interconnection undergo of enterprise customers."

    Huawei has been making continuous investments and innovations in the SD-WAN field. Huawei SD-WAN Solution and products maintain now served more than 30 customers in government, finance, great enterprise, carrier, and MSP sectors, helping them achieve businesses success. For more information, gratify visit: https://e.huawei.com/en/solutions/business-needs/enterprise-network/sd-wan

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    Operations & Process Management: Principles & Practice for Strategic ImpactOperations & Process Management: Principles & Practice for Strategic Impact
    By Nigel Slack, Alistair Jones
    Publisher : Pearson (Feb 2018)
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    Publisher : Pearson (Aug 2017)
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