NortonLifeLock Inc Earnings, Revenue Beat in Q4
2022.05.06 00:46
NortonLifeLock Inc Earnings, Revenue Beat in Q4
Investing.com – NortonLifeLock (NASDAQ:NLOK) Inc reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
NortonLifeLock Inc announced earnings per share of $0.46 on revenue of $717M. Analysts polled by Investing.com anticipated EPS of $0.4475 on revenue of $709.57M.
NortonLifeLock Inc shares are down 7% from the beginning of the year, still down 22.01% from its 52 week high of $30.92 set on February 10. They are outperforming the Nasdaq which is down 21.27% from the start of the year.
NortonLifeLock Inc shares lost 1.12% 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 April 28, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
Microsoft had beat expectations on April 26 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
