0
Broadband

NortonLifeLock reports better-than-expected Q3

Friday 6 November 2020 | 10:16 CET | News
Cyber safety specialist NortonLifeLock reported better-than-expected results for the third quarter, with revenues rising 5 percent from the year before to USD 626 million and adjusted earnings per share doubling to USD 0.36 from 0.18. Profit from continuing operations grew to USD 166 million from 38 million but the net profit sank to USD 64 million from 785, pulled down by discontinued operations.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: NortonLifeLock
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NortonLifeLock sees better revenues in Q4 after reporting Q3 at high end of expectations

Published 05 Feb 2021 11:08 CET | World
Cyber safety specialist NortonLifeLock reported better-than-expected revenues for its fiscal third quarter to 1 January, up 3 ...

NortonLifeLock announces global availability of Norton 360 for gamers

Published 27 Jan 2021 10:53 CET | World
NortonLifeLock announced the global availability of Norton 360 for Gamers. The platform is meant to protect PC gamers with ...

NortonLifeLock buys Avira for USD 360 million

Published 07 Dec 2020 15:24 CET | World
The transaction is expected to increase earnings in the first year, adding about 3 points of growth to NortonLifeLock revenues ...

NortonLifeLock releases Privacy Monitor Assistant

Published 30 Oct 2020 09:18 CET | World
NortonLifeLock unveiled Privacy Monitor Assistant, a new service that helps consumers fight back against data brokers sharing ...

NortonLifeLock unveils Family plans, School Time feature

Published 13 Oct 2020 17:02 CET | World
NortonLifeLock announced Norton 360 with LifeLock for Family protection plans. The software can help protect the whole family's ...

NortonLifeLock guides for better adjusted earnings in Q2 after better-than-expected Q1

Published 07 Aug 2020 10:36 CET | World
Revenues fell to USD 614 million from 650 million the year earlier, while diluted earnings per share increased to USD 0.9 from ...

NortonLifeLock finalises sale of Culver City campus

Published 28 Jul 2020 09:00 CET | United States
NortonLifeLock said it finalised the sale of its Culver City, California campus with Northwood Investors for USD 120 million. ...

NortonLifeLock buys back portion of convertible notes held by Bain, Silver Lake

Published 18 May 2020 13:44 CET | World
NortonLifeLock said it will be buying back some convertible notes held by Bain Capital Private Equity and Silver Lake. Under the ...

NortonLifeLock lifts profit despite revenue dip in Q4, sees sequentially lower Q1

Published 15 May 2020 09:54 CET | World
Cyber safety specialist NortonLifeLock reported lower revenues for its fiscal fourth quarter to 3 April but a much higher profit, ...

NortonLifeLock improves revenues, profit in first quarter under its new name

Published 07 Feb 2020 11:37 CET | World
The company said it accelerated its transition in the quarter and drove its projected post-sale costs to under USD 1.0 billion, ...