Investing.com - NortonLifeLock 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 and are trading at $23.10 , down-from-52-week-high.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 the report.
NortonLifeLock Inc follows other major Technology sector earnings this month
NortonLifeLock Inc's report follows an earnings beat by Apple on Thursday, July 30, 2020, 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 Wednesday, July 22, 2020 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.
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