Thursday, November 8, 2012
LifeLock posts first earnings as public company
Tempe-based identity-theft monitoring firm LifeLock Inc. on Wednesday reported its first quarterly financial results as a public company following the firm's initial public offering in October. LifeLock reported quarterly revenue of $72.1 million for the third quarter, a 44 percent increase from revenue of $50 million for the third quarter of 2011. The company's net income for the quarter was $7.9 million, compared with a net loss of $500,000 for the third quarter of 2011, the company reported. Read more: LifeLock posts first earnings as public company