Gen Digital Inc. ( (GEN) ) has released its Q3 earnings. Here is a breakdown of the information Gen Digital Inc. presented to its investors.
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Gen Digital Inc. is a prominent global company specializing in Cyber Safety, offering cybersecurity, online privacy, and identity protection services through its well-known brands like Norton, Avast, and LifeLock to nearly 500 million users worldwide.
In its third quarter fiscal year 2025 earnings report, Gen Digital Inc. announced significant momentum, bolstered by a robust performance that led to a strengthened full-year guidance. The company continues to meet the growing demand for comprehensive Cyber Safety solutions, addressing the challenges posed by sophisticated scams and financial fraud.
The financial highlights for the third quarter reveal a 4% year-over-year increase in revenue, reaching $986 million. The operating income saw a 13% rise, with an operating margin improving by 3 points to 38%. Additionally, the diluted earnings per share grew by 18% to $0.26. On a non-GAAP basis, the company reported a 4% increase in operating income and a 15% rise in diluted EPS to $0.56, maintaining a steady operating margin.
Looking ahead, Gen Digital has updated its guidance for the fiscal year 2025, with expected revenue ranging from $3,915 to $3,930 million and EPS between $2.20 and $2.22. The company’s strategic investments and disciplined execution indicate a positive outlook for sustained growth.
Gen Digital Inc.’s management remains optimistic about achieving long-term and profitable growth, driven by continued demand for its Cyber Safety solutions and the strategic investments made to support its mission of powering digital freedom.
