NortonLifeLock reports FY2022 revenue up 10% to $2.8B; Q4 GAAP EPS down 43% but non-GAAP up 15%

Gen Digital Inc.

2022-FY EPS reported $1.41 revenue$2,796,000,000

FY22 GAAP revenue $2,796M (+10% YoY); GAAP diluted EPS $1.41 (+22% YoY).
FY22 non-GAAP EPS $1.75 (+22%); operating cash flow $974M (+38%); free cash flow $968M.
Q4 GAAP revenue $716M (+7%); Q4 GAAP EPS $0.20 (-43%) but non-GAAP EPS $0.46 (+15%).
Q1 FY23 guidance: non-GAAP revenue $705-715M (5-7% growth); non-GAAP EPS $0.42-0.44.
Dividend declared $0.125/share; payable June 22, 2022; Avast merger in CMA Phase 2, expected close mid-late 2022.

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