secwatch.observer — SEC 8-K summary
======================================

Issuer:     Gen Digital Inc. (GEN)
CIK:        0000849399
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000849399-22-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849399/000084939922000010/0000849399-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849399/000084939922000010/nlok-20220505.htm
  HTML page:      https://secwatch.observer/filing/0000849399-22-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer