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NEWS RELEASE CONTACTS Investor Contact Mary Lai NortonLifeLock Inc. IR@NortonLifeLock.com NortonLifeLock's Q3 Growth Momentum Fueled by Cyber Safety Adoption Direct Customer Count Increased to 21 Million , Up 876,000 YoY and Up 334,000 QoQ TEMPE , Ariz . - February 4 , 2021 - NortonLifeLock Inc. ( NASDAQ : NLOK ) , a global leader in consumer Cyber Safety , today reported results for its fiscal year 2021 third quarter which ended January 1 , 2021 . ✔ Norton LifeLock ™ Q3 GAAP Financial Results YoY Q3 GAAP revenue was $ 639 million , up 3 % in USD . Q3 GAAP operating margin was 43.8 % , up 33.8 points . Q3 GAAP diluted EPS from continuing operations was $ 0.29 , down 47 % . Q3 operating cash flow was $ 293 million . Q3 Non - GAAP Financial Highlights and Commentary YoY Revenue was $ 639 million , up 6 % in USD Diluted EPS was $ 0.38 , up 52 % ● ● ● Media Contact Spring Harris NortonLifeLock Inc. Press@NortonLifeLock.com ● Operating margin was 51.0 % , up 14.8 points Consumer reported billings was $ 700 million , up 10 % in USD Direct customer count of 21.0 million , up over 876,000 Average revenue per user of $ 9.10 per month , up 1 % " Our vision to protect and empower everyone to live their digital lives safely has never been more relevant than it is today , " said Vincent Pilette , CEO of NortonLifeLock . " Consumers are seeing the value of Cyber Safety with nearly 60 % of our customers using Norton 360. We are accelerating our investments in new products and customer experiences that are driving our growth momentum , and with the Avira acquisition , we are just getting started . " " We delivered another quarter of accelerated top - line growth and achieved our long - term commitment of $ 1.50 in annualized EPS , " said Natalie Derse , CFO of NortonLifeLock . " We are on the path to generate more than $ 900 million in annual free cash flow . We have a strong track record of execution that is built on a foundation of operational discipline . "