Investing.com - NortonLifeLock (NASDAQ:NLOK) Inc reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
NortonLifeLock Inc announced earnings per share of $0.43 on revenue of $695M. Analysts polled by Investing.com anticipated EPS of $0.42 on revenue of $695.36M.
NortonLifeLock Inc shares are up 20% from the beginning of the year, still down 13.68% from its 52 week high of $28.92 set on June 10. They are under-performing the S&P 500 which is up 24.6% from the start of the year.
NortonLifeLock Inc shares lost 0.04% in after-hours trade following the report.
NortonLifeLock Inc follows other major Technology sector earnings this month
NortonLifeLock Inc's report follows an earnings beat by Alphabet C on October 26, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.83 on revenue of $63.53B.
Taiwan Semiconductor had beat expectations on October 14 with third quarter EPS of $1.07 on revenue of $14.75B, compared to forecast for EPS of $1.04 on revenue of $14.81B.
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