NortonLifeLock is a global leader in consumer Cyber Safety

NortonLifeLock Inc. is a global leader in consumer Cyber Safety. NortonLifeLock is dedicated to helping secure the devices, identities, online privacy, and home and family needs of nearly 50 million consumers, providing them with a trusted ally in a complex digital world.

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NortonLifeLock Delivers Strong Growth in Q1 Fiscal 2021 August 6, 2020
Reported Billings up 9% and Customer Count Increased More Than 400,000 NortonLifeLock Inc. (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today reported results for its first quarter fiscal year 2021 which ended July 3, 2020. First Quarter GAAP revenue from Continuing Operations was $614 million, compared to $650 million a year ago which included revenue from ID Analytics and the extra week in first quarter fiscal 2020. Q1 GAAP diluted EPS was $0.19, compared to $0.04 a year ago. Q1 Non-GAAP Financial and Operational Highlights from Continuing Operations: Consumer revenue was $614 million, up 4% year-over-year Non-GAAP diluted EPS was $0.31, compared to $0.21 a year ago, up 48% year-over-year Consumer reported billings growth of 9% year-over-year Average revenue per user of $9.03 per month, up 2% year-over-year Direct customer count of 20.6 million, up 416,000 year-over-year “In our first quarter, we drove better than expected results on the top and bottom lines. We...
NortonLifeLock Finalizes Sale of Culver City, California Campus July 27, 2020
Deal Adds to Realized Proceeds from Sale of Underutilized Assets NortonLifeLock (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today announced it has finalized the sale of its Culver City, California campus with Northwood Investors for $120 million. “The sale of the Culver City campus is another step toward achieving our forecasted $1.5 billion in proceeds from underutilized assets,” said Natalie Derse, chief financial officer of NortonLifeLock. “We have now realized $875 million in cumulative proceeds and remain confident that we will achieve our forecasted results. Additionally, we have eliminated approximately 95% of the total stranded costs as of June and are ahead of plan to complete our transition by the end of summer.” Located at 900 Corporate Pointe in Culver City, the property consists of approximately 300,000 rentable square footage on approximately three acres of land. NortonLifeLock will retain a seven-year lease for two floors in the building. About...
NortonLifeLock Completes New Leadership Team With Two Seasoned Consumer Tech Leaders July 15, 2020
NortonLifeLock (NASDAQ: NLOK), the global leader in consumer Cyber Safety, today announced the addition of Robert Clarkson, in the newly created role of chief commercial officer and Krista Todd to lead marketing, brand and communications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200715005262/en/ Krista Todd joins NortonLifeLock as Vice President of Marketing and Communications along with Robert Clarkson who joins the company as Chief Commercial Officer. (Photo: Business Wire) “I am excited to welcome Robert and Krista to NortonLifeLock as each have led highly effective teams at successful global consumer companies,” said Vincent Pilette, CEO of NortonLifeLock. “As we reach the end of our transition, our newly formed leadership team is ready to drive the business to new levels. Robert and Krista will be a powerful pair, developing a consistent global brand and communications strategy and leveraging that through our...

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Q1 2021 Earnings Presentation