secwatch.observer — SEC 8-K summary
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Issuer:     Gen Digital Inc. (GEN)
CIK:        0000849399
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0000849399-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849399/000084939922000005/0000849399-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849399/000084939922000005/nlok-20220203.htm
  HTML page:      https://secwatch.observer/filing/0000849399-22-000005

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