Financial Data and Key Metrics Changes - Q3 bookings reached $1.3 billion, up 27% year-over-year, and revenue was $1.2 billion, up 26% year-over-year [20][25] - Non-GAAP EPS increased by 14% year-over-year, reaching $0.64 [25][30] - Operating income was $629 million, translating to a 51% operating margin [25][27] Business Line Data and Key Metrics Changes - Cyber safety segment bookings grew 5% year-over-year, with revenue increasing by 3% [20][24] - MoneyLion experienced nearly 40% revenue growth in Q3, driven by strong customer demand for personal financial products [22][13] - LifeLock's monitored financial accounts grew double digits year-over-year to nearly 50 million [12][22] Market Data and Key Metrics Changes - The paid customer base increased to over 78 million, with 500,000 new cyber safety direct customers added [24][25] - Engine processed over 360 million inquiries annually, reflecting strong marketplace growth [16][22] Company Strategy and Development Direction - The company aims to build a trusted AI-powered platform focusing on cyber safety and financial wellness [4][11] - The introduction of the Agent Trust Hub and Norton Neo browser highlights the company's commitment to enhancing security in AI interactions [10][18] - The strategy emphasizes the convergence of identity threats and financial risks, positioning the company as a leader in both domains [11][12] Management's Comments on Operating Environment and Future Outlook - Management noted the increasing complexity of cyber threats, with scams evolving to exploit consumer behavior [6][8] - The company raised its revenue and EPS guidance for fiscal 2026, reflecting strong performance and momentum [29][30] - Management expressed confidence in the long-term growth potential driven by AI and the integration of MoneyLion [30][31] Other Important Information - The company generated $541 million in operating cash flow and $535 million in free cash flow during Q3 [27][28] - A quarterly cash dividend of $0.125 per common share was approved, reflecting the company's commitment to returning capital to shareholders [29][30] Q&A Session Summary Question: How is Gen addressing the trust consumers need in AI? - Management acknowledged the growing need for trust in AI and highlighted the launch of the Agent Trust Hub to validate AI agents and skills [33][36] Question: What is the status of MoneyLion's transition to subscriptions? - Management confirmed a cautious approach to transitioning MoneyLion towards subscriptions, with strong growth in personal financial offerings [39][40] Question: Can you elaborate on the Equifax partnership? - The partnership with Equifax aims to enhance consumer financial solutions and improve risk visibility, leveraging differentiated datasets [48][50] Question: What are the trends in first-party versus third-party products in the MoneyLion marketplace? - Management noted balanced growth in both first-party and third-party products, with strong performance in short-term lending [52][54] Question: What are the plans for capital deployment moving forward? - Management emphasized a balanced approach to capital deployment, focusing on dividends, debt paydown, and opportunistic share buybacks [76][78]

Gen Digital (NasdaqGS:GEN) Q3 2026 Earnings call February 05, 2026 05:00 PM ET Company ParticipantsJason Starr - Head of Investor RelationsMeta Marshall - Managing DirectorNatalie Derse - CFORobert Coolbrith - VP of Internet Equity ResearchRoger Boyd - Executive DirectorSaket Kalia - Managing DirectorVincent Pilette - CEOConference Call ParticipantsJoseph Gallo - SVP and Software Research AnalystMatt Hedberg - Managing Director and Software Research AnalystOperatorGood afternoon, everyone. Thank you for sta ...

Gen Digital (NasdaqGS:GEN) Q3 2026 Earnings call February 05, 2026 05:00 PM ET Speaker5Good afternoon, everyone. Thank you for standing by. My name is Tamia, and I will be your conference operator today. Today's call is being recorded, and all lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. At this time, for opening remarks, I would like to pass the call over to Jason Starr, Head of Investor Relations.Speaker0Thank you ...