NortonLifeLock surpassed analysts forecasts in the second quarter
NortonLifeLock surpassed ana...
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NortonLifeLock surpassed analysts forecasts in the second quarter

7 November 2020
1 min.
NortonLifeLock surpassed analysts forecasts in the second quarter

NortonLifeLock and forecasts

On Thursday, NortonLifeLock Inc. released a report with second quarter results that outperformed analysts. Revenue was higher than projected.

Earnings per share of NLL inc. were $0.36 and earnings per share were $626 million. However, analysts predicted that earnings per share would be around $0.33.

Vincent Pilette commented: "We are satisfied with the results. We are not going to stop".

NortonLifeLock Inc lost 4.54% of shares traded at $21 after market closure, according to the report.

This year, NortonLifeLock Inc. shares rose 49% in value, showing better results than the S&P 500 index overall, rising 8% since the beginning of the year.

NortonLifeLock Inc. follows the general trend of companies in the Technology sector this month

On October 29, Apple reported its fourth quarterly report of $0.73, with a profit of $64.7 billion, compared to a earnings per share forecast of $0.71 for a total of $63.8 billion.

Microsoft earnings surpassed analysts expectations in the first quarter on October 27, with quarterly earnings per share of $1.82 for total earnings of $37.15 billion. Analysts predicted that earnings per share would be 1.54 dollars with a total revenue of 35.76 billion dollars.

Persons1 and Companies3 in the news

Chief Executive Officer, Nortonlifelock
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Rating companies
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Ford Motor Company
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JP Morgan Chase
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White House
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