NortonLifeLock Inc Earnings, Revenue Beat in Q1
Stock Markets8 hours ago (Aug 06, 2020 04:40PM ET)
(C) Reuters. NortonLifeLock Inc Earnings, Revenue Beat in Q1
Investing.com – NortonLifeLock (NASDAQ:NLOK) Inc reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
NortonLifeLock Inc announced earnings per share of $0.31 on revenue of $614M. Analysts polled by Investing.com anticipated EPS of $0.22 on revenue of $599.83M.
NortonLifeLock Inc shares are up 50% from the beginning of the year, still down 3.74% from its 52 week high of $23.02 set on May 29. They are outperforming the Nasdaq which is up 23.8% from the start of the year.
NortonLifeLock Inc shares gained 4.24% in after-hours trade following the report.
NortonLifeLock Inc’s report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.24B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
NortonLifeLock Inc Earnings, Revenue Beat in Q1
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