earnings
confidence high
sentiment positive
materiality 0.80
Gen Digital reports Q1 revenue $946M (+34% YoY); Non-GAAP EPS $0.47 (+5%)
Gen Digital Inc.
2024-Q1 EPS reported
$0.29
revenue$946,000,000
- Q1 GAAP revenue $946M, up 34% YoY; GAAP diluted EPS $0.29 vs $0.33 prior year.
- Non-GAAP diluted EPS $0.47, up 5% in USD; non-GAAP operating margin 57.6%, up 390 bps.
- Bookings $887M (+34% YoY); operating cash flow $226M.
- Q2 FY24 guidance: revenue $940-950M, non-GAAP EPS $0.46-0.48; FY24 revenue target $3.8-3.85B.
- Quarterly cash dividend of $0.125 per share declared, payable Sept 13, record Aug 21.