NortonLifeLock Inc. (NLOK) Tops Q3 EPS by 17c, Revenues Beat; Offers Q4 EPS Gudiance Above Consensus, Q4 Revenue Views Below Ests.

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NortonLifeLock Delivers Better-Than-Expected Fiscal Third Quarter 2020 Results

February 6, 2020 4:15 PM EST

Consumer billings grew 4% year-over-year

TEMPE, Ariz.--(BUSINESS WIRE)-- NortonLifeLock Inc. (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today reported results for its third quarter fiscal year 2020 ended January 3, 2020.

Third Quarter Financial Highlights from Continuing Operations

Revenue was $618 million, compared to $615 million a year ago GAAP diluted EPS was $0.55, compared to ($0.03) a year ago Non-GAAP diluted EPS was $0.25, compared to $0.16 a year ago Reported billings growth of 4% year-over-year

We drove better-than-expected results in our first... More