Security News > 2021 > August > McAfee announces financial results for Q2

Q2 fiscal 2021 financial highlights from continuing operations Net revenue was $467 million, reflecting a 22% growth year-over-year.

Net Income of $108 million or a net income margin of 23%, as compared to $22 million or a net income margin of 6% in the year ago period.

Q2 fiscal 2021 financial highlights from continuing and discontinued operations McAfee's combined net cash provided by operating activities was $189 million for the quarter, up 62% year-over-year.

Added 556,000 net new subscribers closing the quarter at 19.4 million Core DTC subscribers, compared to 16.6 million in the same period last year.

Total adjusted EBITDA of $169 million to $175 million which includes $35 million to $40 million of stranded costs.

Total adjusted EBITDA of $765 million to $775 million which includes $120 million to $125 million of stranded costs.

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