Gen Digital (GEN) Gains 4% as Q4 Earnings & Sales Beat Estimates [Yahoo! Finance]
Gen Digital Inc. (GEN)
Last gen digital inc. earnings: 3/16 04:30 pm
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US:NYSE Investor Relations:
genesishcc.com/investor-relations
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Source: Yahoo! Finance
GEN shares rose 4.1% during Thursday's extended trading session after the company reported better-than-expected results for the fourth quarter of fiscal 2024. Moreover, the top and bottom lines marked year-over-year improvements. Gen Digital was formerly known as NortonLifeLock Inc. and was trading under the NLOK ticker symbol. NortonLifeLock changed its name and ticker symbol, effective from Nov 8, 2022, following the merger of NortonLifeLock and Avast Plc. The newly named company unites trusted consumer safety brands, including Norton, Avast, LifeLock, AVG, Avira, CCleaner and ReputationDefender. Coming to the fourth-quarter performance, Gen Digital reported non-GAAP earnings of 53 cents per share, which surpassed the consensus estimate of 52 cents. The bottom line increased 15% year over year on a reported basis and 16% on constant currency. Increased revenues, disciplined spending and cost synergies attained from the NortonLifeLock and Avast merger mainly drove the bottom-line
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GEN
Earnings
- 5/9/24 - Beat
GEN
Sec Filings
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- 5/16/24 - Form 10-K
- GEN's page on the SEC website