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Compared to Estimates, Gen Digital (GEN) Q3 Earnings: A Look at Key Metrics
GENGen Digital (GEN) ZACKS·2025-01-31 00:30

Core Insights - Gen Digital reported revenue of 986millionforthequarterendedDecember2024,reflectingayearoveryearincreaseof3.5986 million for the quarter ended December 2024, reflecting a year-over-year increase of 3.5% [1] - The company's EPS was 0.56, up from 0.49inthesamequarterlastyear,exceedingtheconsensusestimateof0.49 in the same quarter last year, exceeding the consensus estimate of 0.55 [1] - The revenue surpassed the Zacks Consensus Estimate of 985.73millionby0.03985.73 million by 0.03% [1] Financial Performance Metrics - Direct average revenue per user (ARPU) was 7.27, slightly above the average estimate of 7.26[4]Thedirectcustomercountreached40.1million,exceedingtheaverageestimateof39.85million[4]CyberSafetyRevenuefrompartnerrevenueswasreportedat7.26 [4] - The direct customer count reached 40.1 million, exceeding the average estimate of 39.85 million [4] - Cyber Safety Revenue from partner revenues was reported at 105 million, close to the average estimate of 105.14million,markingayearoveryearincreaseof6.1105.14 million, marking a year-over-year increase of 6.1% [4] - Cyber Safety Revenue from direct customer revenues was 869 million, slightly above the average estimate of $868.47 million, with a year-over-year growth of 3.8% [4] Stock Performance - Gen Digital's shares returned +0.9% over the past month, compared to a +1.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]