Record Revenue and Accelerating Growth for NortonLifeLock in Q4 Fiscal Year 2021
NortonLifeLock Inc. (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today reported results for its fiscal year 2021 fourth quarter which ended April 2, 2021.
Q4 GAAP Financial Results YoY
Q4 GAAP revenue was
Q4 Non-GAAP Financial Highlights and Commentary YoY
-
Record revenue of
$677 million , up11% in USD -
Record diluted EPS of
$0.40 , up54% -
Operating margin was
50.5% , up 900 bps -
Consumer reported billings was
$748 million , up17% in USD - Direct customer count of 23 million, up 2.8 million
“We’re on a mission to bring Cyber Safety to everyone,” said Vincent Pilette, CEO of NortonLifeLock. “I’m proud of what the team achieved in our first fiscal year. We accelerated growth, expanded our international footprint, and added freemium capability. In the fourth quarter alone, we added 2 million new customers, and achieved record revenue and profit. This is possible because we are all driven by our vision to protect and empower people to live their digital lives safely. We are just getting started.”
Fiscal 2022 Q1 Guidance
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Non-GAAP Revenue is expected to be in the range of
$680 t o$690 million , translating to approximately 10 to12% growth YoY -
Non-GAAP EPS is expected to be in the range of
$0.40 t o$0.42
Quarterly Cash Dividend
NortonLifeLock’s Board of Directors has declared a quarterly cash dividend of
Share Repurchase Authorization Raised by
NortonLifeLock’s Board of Directors has approved an incremental share repurchase authorization of