NortonLifeLock Inc (OQ:NLOK)

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 60 E Rio Salado Pkwy Ste 1000
TEMPE AZ 85281-9124
Tel: 1-650-5278020
IR: See website
Key People
Samir Kapuria
Vincent Pilette
Chief Executive Officer, Director
Matthew Charles Brown
Chief Financial Officer
Scott C. Taylor
Executive Vice President
Debora Beachner Tomlin
Senior Vice President, Chief Marketing Officer
Gagan Singh
Chief Product Officer
Business Overview
NortonLifeLock Inc., formerly Symantec Corporation, is engaged in the consumer cyber safety business. The Company focuses on allowing customers to be productive and protected at home and at work. Its Norton-branded services provide multi-layer security and identity protection on desktop and mobile operating systems, to defend against online threats to individuals, families and small businesses. Norton products help customers protect against threats and address the need for identity protection, while also managing the increase in mobile and digital data, such as personal financial records, photos, music and videos. Its products include Norton AntiVirus Plus, Norton 360 Standard, Norton 360 Deluxe, Norton 360 with LifeLock Select, Norton 360 with LifeLock Advantage, Norton 360 with LifeLock Ultimate Plus, Norton Secure virtual private network (VPN), Norton Privacy Manager, Norton Family Premier, Norton Mobile Security for Android, Norton Utilities Premium and Norton Small Business.
Financial Overview
For the fiscal year ended 03 April 2020, NortonLifeLock Inc revenues increased 1% to $2.49B. Net income before extraordinary items totaled $578M vs. loss of $110M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Other income (expense), net) increase from $57M (expense) to $660M (income), Research and development decrease of 22% to $328M
Employees: 11,900 as of Mar 29, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $14,107M as of Apr 3, 2020
Annual revenue (TTM): $2,490M as of Apr 3, 2020
EBITDA (TTM): $1,002M as of Apr 3, 2020
Net annual income (TTM): $578.00M as of Apr 3, 2020
Free cash flow (TTM): -$8,431M as of Apr 3, 2020
Net Debt Last Fiscal Year: $1,958M as of Apr 3, 2020
Shares outstanding: 600,384,184 as of Apr 3, 2020
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization