Stock Groups

NortonLifeLock Inc Earnings Beat, Revenue Misses In Q2 -Breaking

by Mike Robinson

[ad_1]

© Reuters. NortonLifeLock Inc Revenue Beats, Earnings Beat in Q2

Investing.com – NortonLifeLock NASDAQ:) Inc reports on Thursday the results of its second quarter. The company beat analyst forecasts, and reported revenue that was lower than expected.

NortonLifeLock Inc posted earnings per share $0.43 on $695M in revenue. Investing.com analysts polled predicted an EPS estimate of $0.42 on $695.36M revenue.

NortonLifeLock Inc shares rose 20% over the first of the year. However, they are down 13.68% from their 52 week high of $28.92 on June 10. They are under-performing the S&P 500 which is up 24.6% from the start of the year.

Following the release, NortonLifeLock Inc shares fell by 0.04% after hours trade.

NortonLifeLock Inc follow other top Technology sector earnings this Month

The report by NortonLifeLock Inc follows an earnings beat reported on October 26th by Alphabet C, who reported EPS at $27.99 for revenue of $65.12B. This compares to the forecasts of EPS at $23.83 for revenue of $63.53B.

Taiwan Semiconductor beat all expectations with a third quarter earnings per share of $1.07 on $14.75B revenue, as compared to $1.04 forecast on $14.81B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]