Strong Revenue and Growth
Q1 bookings and revenue grew over 30% year-over-year on a reported basis, with a 10% growth on a pro forma basis. Non-GAAP EPS exceeded guidance, coming in at $0.64, up 20% year-over-year.
MoneyLion Integration Success
The acquisition of MoneyLion contributed 16 points of overall growth, and its revenue grew 45% year-over-year. Integration is ahead of schedule, with the first integrated product launch expected by fall.
Cyber Safety Platform Expansion
Cyber Safety Platform represented 2/3 of Q1 revenue with 11% growth on a reported basis. AI-driven innovations like Norton Deepfake Detection enhance customer protection.
Trust-Based Solutions Growth
Trust-Based Solutions grew over 100% on a reported basis. LifeLock continues to deliver strong growth, and MoneyLion's marketplace saw its third consecutive quarter of growth above 50%.
Record Net Promoter Score
LifeLock achieved a record Net Promoter Score of 71, reflecting stronger customer trust and loyalty.
Improved Financial Guidance
Annual revenue guidance raised by $100 million to a range of $4.8 billion to $4.9 billion, with a commitment to 12% to 15% annual EPS growth.