Earnings release
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✔ Norton LifeLock ™ NEWS RELEASE CONTACTS Investor Contact Mary Lai NortonLifeLock Inc. IR@NortonLifeLock.com NortonLifeLock Delivers Strong Q1 Results in Fiscal 2022 TEMPE , Ariz . - July 27 , 2021 - Norton LifeLock Inc. ( NASDAQ : NLOK ) , a global leader in consumer Cyber Safety , today released results for its fiscal year 2022 first quarter which ended July 2 , 2021 . Q1 GAAP Financial Results YoY Q1 GAAP revenue was $ 686 million , up 12 % in USD . Q1 GAAP diluted EPS from continuing operations was $ 0.31 , up 29 % . Q1 GAAP operating margin was 41.8 % , up 22.3 points . Q1 operating cash flow was $ 258 million . Q1 Non - GAAP Financial Highlights and Commentary YoY Revenue of $ 691 million , up 13 % in USD Diluted EPS of $ 0.42 , up 35 % ● ● Media Contact Spring Harris NortonLifeLock Inc. Press@NortonLifeLock.com ● Operating margin was 51.2 % , up 410 bps Bookings increased 12 % in USD to $ 660 million Direct customer count of 23.1 million , up 2.6 million " Our Cyber Safety platform is designed to evolve to meet the needs of a consumer's digital life , " said Vincent Pilette , CEO of NortonLifeLock . " This quarter reflects our strong execution and accelerating pace of innovation as we strengthen our foundation for long - term sustainable growth and bring our Cyber Safety offering to even more people . " " Our team continues to identify and unlock additional opportunities to accelerate our long term growth , and we will continue to invest in product innovation , execute our international go - to - market strategy and improve our customer experience , " said Natalie Derse , CFO of NortonLifeLock . " Once again we delivered on our commitments . In Q1 we accelerated revenue growth and profit , and we drove another consecutive quarter of increased customer count . " Fiscal 2022 Q2 Guidance Non - GAAP Revenue is expected to be in the range of $ 690 million to $ 700 million , translating to 10 % to 12 % growth YoY Non - GAAP EPS is expected to be in the range of $ 0.41 to $ 0.43