Core Insights - Gen Digital Inc. reported strong second-quarter fiscal 2026 results, with revenues and earnings exceeding the Zacks Consensus Estimate, showcasing a year-over-year earnings growth of 14.8% [1][10] Financial Performance - Non-GAAP earnings for the second quarter were 62 cents per share, surpassing the Zacks Consensus Estimate by 1.64% [1] - Non-GAAP revenues reached $1.22 billion, reflecting a year-over-year increase of 25.3% and beating the Zacks Consensus Estimate by 2.3% [2] - Cyber Safety revenues amounted to $814 million, up 3% year over year, while Trust-Based Solutions segment revenues surged 119% to $406 million [3] - Direct Customer revenues rose 17% year over year to $1.01 billion, and Partner revenues improved 88% to $210 million [3] - Quarterly bookings advanced 27% year over year to $1.22 billion, with the average direct customer count increasing to 77 million from 67 million a year ago [4] Profitability Metrics - Non-GAAP gross profit grew 22% year over year to $1.021 billion, although gross margin contracted by 240 basis points to 83.7% [5] - Non-GAAP operating income totaled $623 million, up 10% year over year, with an operating margin of 51.1%, down 710 basis points year over year [6] Balance Sheet and Cash Flow - The company ended the quarter with cash and cash equivalents of $701 million, down from $828 million in the previous quarter, while long-term debt decreased to $8.421 billion [7] - Operating cash flow generated was $116 million, with free cash flow at $107 million; the company paid out $77 million in dividends and repaid $169 million of debt [8] Guidance - For the third quarter of fiscal 2026, Gen Digital anticipates revenues between $1.22 billion and $1.24 billion, with projected non-GAAP earnings between 62 cents and 64 cents [9] - The full-year revenue outlook for fiscal 2026 has been raised to a range of $4.92 billion to $4.97 billion, up from the previous guidance of $4.8 billion to $4.9 billion [9]

Core Insights - Norton has partnered with Intel to enhance deepfake protection on Intel® Core™ Ultra processors, providing real-time detection against AI-powered scams for Norton 360 customers [1][3][10] - The new technology allows for immediate analysis of suspicious content directly on devices, improving user privacy and detection speed [6][7] Technology and Features - Norton Deepfake Protection utilizes advanced AI trained on a vast library of real-world scams, including financial fraud and crypto cons, to detect manipulations in video and audio content [5][8] - The solution operates without needing cloud connectivity, ensuring sensitive data remains private while enabling faster detection [6][7] Market Availability - The deepfake protection feature is currently available for YouTube and Facebook videos, with plans to support additional social media platforms in the future [10][11] - It is accessible in the US, UK, Australia, and New Zealand as part of Norton Genie Scam Protection and Scam Protection Pro in Norton 360 products [10]