NortonLifeLock Q3 FY2022 revenue up 10%, narrows FY guidance to high end; Avast merger expected Feb 24, 2022

Gen Digital Inc.

2022-Q3 EPS reported $1.21 revenue$2,080,000,000

Q3 GAAP revenue $702M (+10% YoY); GAAP diluted EPS $0.34 (+17%).
Q3 non-GAAP diluted EPS $0.44 (+16%); operating margin 52.8% (+180 bps).
Direct customer count 23.4M, up 2.4M; bookings $752M (+10%).
Narrowed FY2022 non-GAAP revenue guidance to $2.795-2.805B (high end); EPS $1.73-1.75.
Avast merger expected to close February 24, 2022 (accelerated from mid-2022); quarterly dividend $0.125/share declared.

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