secwatch.observer — SEC 8-K summary
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Issuer:     Gen Digital Inc. (GEN)
CIK:        0000849399
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0000849399-22-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NortonLifeLock gets provisional UK approval for Avast merger; Q1 revenue up 3% to $707M
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- UK CMA provisionally approved Avast acquisition; expected to close mid-Sept to early-Oct.
- Q1 GAAP revenue $707M (+3%), GAAP diluted EPS $0.33 (+6%), operating cash flow $215M (-17%).
- Non-GAAP revenue $708M (+2% USD, +6% CC); Non-GAAP EPS $0.45 (+7%).
- Bookings $663M (+1% USD, +5% CC) — 12th consecutive quarter of bookings growth.
- Q2 guidance: Non-GAAP revenue $695-705M, Non-GAAP EPS $0.44-0.46; dividend $0.125/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849399/000084939922000016/0000849399-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849399/000084939922000016/nlok-20220804.htm
  HTML page:      https://secwatch.observer/filing/0000849399-22-000016

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