Investing.com - NortonLifeLock (NASDAQ:NLOK) Inc reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NortonLifeLock Inc announced earnings per share of $0.36 on revenue of $626M. Analysts polled by Investing.com anticipated EPS of $0.33 on revenue of $620.68M.
NortonLifeLock Inc shares are up 49% from the beginning of the year, still down 9.72% from its 52 week high of $24.39 set on August 26. They are outperforming the Nasdaq which is up 32.52% from the start of the year.
NortonLifeLock Inc shares lost 4.41% 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 Apple on October 29, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
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