Gen Digital Inc.

GEN

US6687711084

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-09 pm EDT			5-day change	1st Jan Change
20.34 ^USD	+1.60%		+3.35%	-10.87%

May. 09	Gen Digital Fiscal Q4 Non-GAAP Earnings, Revenue Increase; Sets Fiscal Q1, 2025 Outlook -- Shares Rise	MT
May. 09	Gen Digital Guides For FY 2025 EPS of $2.17-$2.23 on Revenue of $3.89-$3.93 Billion, vs CIQ Analyst Consensus of $2.22/Share on Revenue of $3.94 Billion	MT

Gen Digital Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 29, 2023

November 07, 2023 at 08:02 am EST

Gen Digital Inc. reported earnings results for the second quarter and six months ended September 29, 2023. For the second quarter, the company reported sales was USD 948 million compared to USD 748 million a year ago. Net income was USD 149 million compared to USD 69 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.12 a year ago.
For the six months, sales was USD 1,894 million compared to USD 1,455 million a year ago. Net income was USD 338 million compared to USD 269 million a year ago. Basic earnings per share from continuing operations was USD 0.53 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to USD 0.45 a year ago.

Latest news about Gen Digital Inc.

Gen Digital Fiscal Q4 Non-GAAP Earnings, Revenue Increase; Sets Fiscal Q1, 2025 Outlook -- Shares Rise	May. 09	MT
Gen Digital Guides For FY 2025 EPS of $2.17-$2.23 on Revenue of $3.89-$3.93 Billion, vs CIQ Analyst Consensus of $2.22/Share on Revenue of $3.94 Billion	May. 09	MT
Earnings Flash (GEN) GEN DIGITAL Reports Q1 EPS $0.53, vs. Street Est of $0.52	May. 09	MT
Earnings Flash (GEN) GEN DIGITAL Reports Q1 Revenue $967M, vs. Street Est of $965M	May. 09	MT
Gen Digital Guides For Q1 EPS of $0.52-$0.54 on Revenue of $960-$970 Million, vs CIQ Analyst Consensus of $0.53/Share on Revenue of $965 Million	May. 09	MT
North American Morning Briefing : Big Banks Kick -2-	Apr. 12	DJ
Barclays Downgrades Gen Digital to Equalweight From Overweight, Price Target is $25	Apr. 11	MT
Avast Continues Expansion of its Avast One Family of Products Adding Personalized, Modular Cyber Safety	Apr. 03	CI
Morgan Stanley Trims Price Target on Gen Digital to $28 From $30, Keeps Overweight Rating	Feb. 12	MT
Tranche Update on Gen Digital Inc.'s Equity Buyback Plan announced on August 11, 2015.	Feb. 05	CI
Top Midday Decliners	Feb. 02	MT
Gen Digital Fiscal Q3 Non-GAAP Earnings, Revenue Miss Market Expectations; Shares Plunge	Feb. 02	MT
Sector Update: Tech Stocks Mixed Pre-Bell Friday	Feb. 02	MT
Gen Digital Fiscal Q3 Non-GAAP Earnings, Revenue Miss Market Expectations; Shares Drop Premarket	Feb. 02	MT
North American Morning Briefing : Jobs Report Tops Agenda as Meta Stock Rockets	Feb. 02	DJ
Gen Digital forecasts Q4 revenue below estimates on weak antivirus software demand	Feb. 01	RE
Gen Digital Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Fiscal Q4, 2024 Guidance Set; Dividend Maintained; Shares Fall	Feb. 01	MT
Transcript : Gen Digital Inc., Q3 2024 Earnings Call, Feb 01, 2024	Feb. 01
Gen Digital Inc. Approves Regular Quarterly Cash Dividend, Payable on March 13, 2024	Feb. 01	CI
Gen Digital Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 29, 2023	Feb. 01	CI
Fed shuffles rate diary, BoE and Apple awaited	Feb. 01	RE
Morgan Stanley Raises Price Target on Gen Digital to $30 From $28, Maintains Overweight Rating	Jan. 29	MT
North American Morning Briefing : Stock Futures Muted; Nvidia Slips in Offhours Trading	Nov. 22	DJ
Morgan Stanley Upgrades Gen Digital to Overweight From Equalweight, Boosts Price Target to $26 From $23	Nov. 21	MT
BofA Securities Starts Coverage on Gen Digital with Buy Rating	Nov. 16	MT

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Company Profile

Gen Digital Inc. (formerly NortonLifeLock Inc.) is the world's leader in Internet security. The group develops and sells software programs designed for anti-intrusion protection, information and data security, application performance, storage, and server management, data management and storage, access filtering, vulnerability analysis, etc. Net sales break down by family of products as follows: - consumer security and antivirus protection solutions (50.7%): Norton 360 Security, Norton Security, Norton Secure VPN, Avira Security, Avast, etc.; - identity and information protection solutions (49.3%). Net sales break down geographically as follows: Americas (70.2%), Europe/Middle East/Africa (18.1%) and Asia/Pacific (11.7%).

Sector

Software

Calendar

2024-07-31 - Q1 2025 Earnings Release (Projected)

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S&P 500

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Ratings for Gen Digital Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

20.02 USD

Average target price

26.11 USD

Spread / Average Target

+30.41%

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Company calendar

Sector Security Software

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Security Software

Gen Digital Inc.

Equities

GEN

US6687711084

Software

Gen Digital Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 29, 2023

EPS Revisions