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BRIEF-NortonLifeLock Expects Q1 Non-Gaap EPS Of $0.40 To $0.42

05/10/2021 19:13
BRIEF-NortonLifeLock Expects Q1 Non-Gaap EPS Of $0.40 To $0.42

- NortonLifeLock Inc NLOK.O:

  • Q4 NON-GAAP EPS $0.40

  • Q4 GAAP EARNINGS PER SHARE $0.35 FROM CONTINUING OPERATIONS

  • SEES Q1 NON-GAAP EARNINGS PER SHARE $0.40 TO $0.42

  • SEES Q1 REVENUE $680 MILLION TO $690 MILLION

  • Q4 REVENUE $672 MILLION VERSUS REFINITIV IBES ESTIMATE OF $660 MILLION

  • Q4 EARNINGS PER SHARE ESTIMATE $0.38 -- REFINITIV IBES DATA

  • QTRLY DIRECT CUSTOMER COUNT OF 23 MILLION, UP 2.8 MILLION

  • HAS APPROVED AN INCREMENTAL SHARE REPURCHASE AUTHORIZATION OF $1.5 BILLION

  • ON MAY 7, 2021, NORTONLIFELOCK ENTERED INTO FIRST AMENDMENT OF COMPANY'S EXISTING CREDIT AGREEMENT

  • AMENDMENT PROVIDES A CREDIT FACILITY OF UP TO $1.0 BILLION AND A TERM LOAN FACILITY OF UP TO $1.75 BILLION

  • Q4 EARNINGS PER SHARE VIEW $0.38, REVENUE VIEW $660.0 MILLION -- REFINITIV IBES DATA

  • Q1 EARNINGS PER SHARE VIEW $0.39, REVENUE VIEW $659.1 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nBw1Gdf7ha

Further company coverage: NLOK.O


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