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NortonLifeLock Inc. (NASDAQ: NLOK) stock price dropped 14% from $28 in 2017 end, to around $24 currently, primarily due to unfavorable changes in its P/S multiple.
NortonLifeLock's (NLOK) Q1 results reflect strong customer growth and the benefits of a global business expansion, leading to year-over-year growth in revenues and bookings.
NortonLifeLock Inc. (NASDAQ:NLOK ) Q1 2023 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Mary Lai - Head of Investor Relations Vincent Pilette - Chief Executive Officer Natalie Derse - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Simran Biswal - RBC Fiona Hynes - Morgan Stanley Operator Good afternoon, everyone. Thank you for standing by.
NortonLifeLock (NLOK) delivered earnings and revenue surprises of 7.14% and 0.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
The U.K.'s Competition and Markets Authority (CMA) has provisionally greenlighted the proposed $8.1 billion merger of cybersecurity companies NortonLifeLock and Avast, with Microsoft emerging as an unlikely ally as the two companies seek to push the deal over the line.
The UK Competition and Markets Authority (CMA) provisionally cleared NortonLifeLock Inc's £6bn purchase of Avast PLC (LSE:AVST) after a phase two investigation. The watchdog concluded the merger “is not expected to give rise to a substantial lessening of competition in the UK”.
Britain's Competition and Markets Authority (CMA) said on Wednesday it provisionally cleared cybersecurity company NortonLifeLock's $8.6 billion purchase of peer Avast Plc.
Though the heightened IT security demand amid the hybrid work environment is likely to have benefited NortonLifeLock's (NLOK) Q1 performance, forex headwinds might have hurt sales and earnings growth.
TEMPE, Ariz. , July 12, 2022 /PRNewswire/ -- NortonLifeLock (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today announced that its fiscal 2023 first quarter financial results will be released Thursday, August 4, 2022, after market close.