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https://i-invdn-com.akamaized.net/news/LYNXMPEDAF0IH_M.jpgNortonLifeLock announced earnings per share of $0.26 on revenue of $614M. Analysts polled by Investing.com anticipated EPS of $0.19 on revenue of $601.39M. That with comparison to EPS of $0.39 on revenue of $1.2B in the same period a year before. NortonLifeLock had reported EPS of $0.25 on revenue of $618M in the previous quarter. Analysts are expecting EPS of $0.22 and revenue of $615.79M in the upcoming quarter.
NortonLifeLock shares are up 41% from the beginning of the year , still down 23.78% from its 52 week high of $27.46 set on January 10. They are outperforming the Nasdaq which is down 1.06% year to date.
NortonLifeLock shares lost 1.10% in after-hours trade following the report.
NortonLifeLock’s report follows an earnings beat by Microsoft on April 29, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.27 on revenue of $33.76B.
Apple had beat expectations on April 30 with second quarter EPS of $2.55 on revenue of $58.31B, compared to forecast for EPS of $2.24 on revenue of $54.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar