NortonLifeLock Inc Earnings Beat, Revenue Misses In Q1
2022.08.05 01:14
NortonLifeLock Inc Earnings Beat, Revenue Misses In Q1
Investing.com – NortonLifeLock (NASDAQ:NLOK) Inc reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
NortonLifeLock Inc announced earnings per share of $0.45 on revenue of $707M. Analysts polled by Investing.com anticipated EPS of $0.4263 on revenue of $710M.
NortonLifeLock Inc shares are down 43.45% from the beginning of the year, still down 13.96% from its 52 week high of $30.92 set on February 10. They are under-performing the S&P 500 which is down 12.89% from the start of the year.
NortonLifeLock Inc shares lost 0.79% in after-hours trade following the report.
NortonLifeLock Inc follows other major Information Technology sector earnings this month
NortonLifeLock Inc’s report follows an earnings beat by Apple on July 28, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.79B.
Microsoft had missed expectations on July 26 with fourth quarter EPS of $2.23 on revenue of $51.87B, compared to forecast for EPS of $2.29 on revenue of $52.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
