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Gen Digital Fiscal Q3 Adjusted EPS, Revenue Rise; 2025 Guidance Updates
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Gen Digital Fiscal Q3 Adjusted EPS, Revenue Rise; 2025 Guidance Updates
Jan 30, 2025 2:22 PM

05:02 PM EST, 01/30/2025 (MT Newswires) -- Gen Digital ( GEN ) reported fiscal Q3 non-GAAP net income late Thursday of $0.56 per diluted share, up from $0.49 a year ago.

Analysts polled by FactSet expected $0.55.

Net revenue in the three months ended Dec. 27 was $986 million, compared with $948 million a year ago. Analysts expected $985.1 million.

For Q4, the cybersecurity company non-GAAP EPS of $0.57 to $0.59 on $990 million to $1.01 billion in revenue. Analysts are looking for $0.58 and $995.6 million, respectively.

For fiscal 2025, Gen Digital ( GEN ) is projecting non-GAAP EPS of $2.20 to $2.22 on between $3.92 billion to $3.93 billion in revenue compared with its prior guidance expecting EPS of $2.18 to $2.23 on $3.91 billion to $3.93 billion in revenue.

Analysts are looking for $2.21 and $3.92 billion, respectively.

The company also declared a quarterly dividend of $0.125 a share, unchanged from the prior quarter and payable March 12 to investors of record on Feb. 17.

Gen Digital ( GEN ) shares were falling nearly 1% in extended session.

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