| Stage | NTCT | % of rev | YELP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $203M | 100.00% | $376M | 100.00% | YELP ×1.85 |
| Gross profit | $159M | 78.36% | $334M | 88.88% | YELP +10.5pp |
| Operating income | $20M | 9.65% | $44M | 11.65% | YELP +2.0pp |
| Pre-tax income | $23M | 11.50% | $44M | 11.84% | YELP +0.3pp |
| Net income | $18M | 8.98% | $32M | 8.43% | NTCT +0.6pp |
| Stage | NTCT | YELP | Gap · A − B |
|---|---|---|---|
| Revenue | $203M100.00% | $376M100.00% | YELP ×1.85 |
| Gross profit | 78.36%$159M | 88.88%$334M | YELP +10.5pp |
| Operating income | 9.65%$20M | 11.65%$44M | YELP +2.0pp |
| Pre-tax income | 11.50%$23M | 11.84%$44M | YELP +0.3pp |
| Net income |
| 8.98%$18M |
| 8.43%$32M |
| NTCT +0.6pp |
None
No disclosed counterparties: NTCT.