Gen Reports Third Quarter Fiscal Year 2025 Results

Core Insights - Gen Digital Inc. reported strong Q3 results for fiscal year 2025, with revenue of $986 million, a 4$374 million, up 13% [5][11][12] - The company has strengthened its full-year guidance, expecting revenue between $3,915 million and$3,930 million, and EPS in the range of $2.20 to$2.22 [6][8] - Gen Digital emphasizes the growing demand for comprehensive consumer Cyber Safety solutions, reflecting its commitment to protecting customer data and assets [2][7] Financial Performance - Q3 FY25 revenue was $986 million, with a 4$374 million, resulting in an operating margin of 38%, which is a 3-point increase [5][11] - Diluted EPS for Q3 was $0.26, an 18$990 million and $1,005 million, with EPS projected between$0.57 and $0.59 [6][8] - Gen's Board of Directors approved a quarterly cash dividend of$0.125 per common share, to be paid on March 12, 2025 [3] Customer Metrics - Direct customer revenues for Q3 were $869 million, up from$834 million, with a direct customer count of 40.1 million [22][23] - The retention rate improved to 78%, up from 77% year-over-year [23] Strategic Focus - Gen Digital is focused on strategic investments and disciplined execution to sustain momentum and drive future success in the Cyber Safety market [2][7] - The company aims to enhance customer trust by providing practical solutions to address evolving threats and protect personal information [1][2]