McAfee Corp - Ordinary Shares - Class A

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Mcafee Reports Third Quarter And Nine Month 2020 Results

Published: 11/19/2020 21:28 GMT
(MCFE) - Mcafee Reports Third Quarter and Nine Month 2020 Results.
Q3 Revenue $728 Million Versus Refinitiv Ibes Estimate of $721.5 Million.
Sees Total Revenue of $732 Million to $742 Million for Quarter Ending December 26, 2020.
Sees Total Adjusted EBITDA of $254 Million to $264 Million for Quarter Ending December 26, 2020.
Acceleration of Net New Core Dtc Subscribers With Additional 2.4 Million Subscribers at Quarter End, Up 16 Percent.
Reported Breakeven Net Income for Quarter.
Announced Intentions to Pay Out a Quarterly Dividend to New Public Shareholders.
Q4 Revenue View $729.1 Million -- Refinitiv Ibes Data (analyst estimates).