Key Developments: LifeLock Inc (LOCK.N)
10.62USD
22 May 2013
$0.11 (+1.05%)
$10.51
$10.57
$10.69
$10.48
150,290
98,469
$12.48
$6.81
Latest Key Developments (Source: Significant Developments)
LifeLock Inc Issues Q2 2013 Mixed Guidance; Raises FY 2013 Revenue And EPS Guidance; Raises Low End Of Prior FY 2013 EBITDA Guidance
LifeLock Inc announced that for the second quarter of 2013, it expects total revenue to be in the range of $84.0 million to $86.0 million, adjusted net income per share to be in the range of $0.00 to $0.01 based on approximately 97.0 million weighted-average shares outstanding and adjusted EBITDA to be in the range of $2.0 million to $3.0 million. For fiscal 2013, it expects total revenue to be in the range of $347.0 million to $355.0 million, adjusted net income per share to be in the range of $0.32 to $0.36 based on approximately 98.0 million weighted-average shares outstanding and adjusted EBITDA to be in the range of $38.0 million to $42.0 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $82.8 million, EBITDA of $7.6 million and EPS of $0.06 for the second quarter of 2013; revenues of $340.3 million, EBITDA of $41.0 million and EPS of $0.33 for fiscal 2013 Full Article
LifeLock Inc Issues Q1, FY 2013 Guidance; Revenue Guidance Above Analysts' Estimates
LifeLock Inc announced that for the first quarter 2013, it expects total revenue is to be in the range of $79.0 million to $81.0 million. Adjusted net income per share is expected to be in the range of $(0.02) to $0.00. Adjusted EBITDA is expected to be in the range of $(0.5) million to $1.5 million. For fiscal 2013, it expects total revenue to be in the range of $335 million to $345 million. Adjusted net income per share is expected to be in the range of $0.30 to $0.35. Adjusted EBITDA is expected to be in the range of $37.0 million to $42.0 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $75.0 million, EBITDA of $0.60 million and EPS of $(0.01) for fiscal 2013 revenues of $321 million, EBITDA of $39.0 million and EPS of $0.31 for fiscal 2013 Full Article
LifeLock Inc Issues Q4 2012 Guidance; Issues FY 2012 Guidance Above Analysts' Estimates
LifeLock Inc announced that for the fourth quarter of 2012, it expects revenue to be in the range of $73 million to $74 million, Non-GAAP adjusted net income per share to be in the range of $0.06 to $0.07 and adjusted EBITDA is expected to be in the range of $9 million to $10 million. For fiscal 2012, the Company expects revenue to be in the range of $270.5 million to $271.5 million, Non-GAAP adjusted net income per share (EPS) to be in the range of $0.26 to $0.27 and adjusted EBITDA to be in the range of $28 million to $29 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $264.8 million, EPS of $0.15 and EBITDA of $24 million for fiscal 2012. Full Article
Keating Capital Inc's LifeLock, Inc., Completes IPO
Keating Capital Inc announced that LifeLock, Inc., a portfolio company, completed the pricing of its Initial Public Offering (IPO) of 15,700,000 shares of common stock at a price to the public of $9.00 per share on October 2, 2012. The shares began trading on the New York Stock Exchange under the ticker symbol LOCK on October 3, 2012. A total of 15,500,000 shares were issued by LifeLock, and a total of 200,000 shares were offered by certain selling stockholders. LifeLock will not receive any proceeds from the sale of shares by the selling stockholders. Goldman, Sachs & Co., BofA Merrill Lynch, and Deutsche Bank Securities Inc. acted as joint book-running managers for the offering. RBC Capital Markets LLC, Canaccord Genuity Inc., and Needham & Company, LLC acted as co-managers for the offering. Full Article
LifeLock Inc Prices Initial Public Offering
LifeLock Inc announced the pricing of its Initial Public Offering (IPO) of 15,700,000 shares of common stock at a price to the public of $9.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "LOCK" on October 3, 2012. A total of 15,500,000 shares are being offered by LifeLock, and a total of 200,000 shares are being offered by certain selling stockholders. In addition, the underwriters have a 30-day option to purchase up to an additional 2,355,000 shares from LifeLock. LifeLock will not receive any proceeds from the sale of shares by the selling stockholders. Goldman, Sachs & Co., BofA Merrill Lynch, and Deutsche Bank Securities Inc. are the joint book-running managers for the offering. RBC Capital Markets LLC, Canaccord Genuity Inc., and Needham & Company, LLC are co-managers for the offering. Full Article

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