secwatch.observer — SEC 8-K summary
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Issuer:     Gen Digital Inc. (GEN)
CIK:        0000849399
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0000849399-23-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gen Digital reports Q1 revenue $946M (+34% YoY); Non-GAAP EPS $0.47 (+5%)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849399/000084939923000016/0000849399-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849399/000084939923000016/gen-20230803.htm
  HTML page:      https://secwatch.observer/filing/0000849399-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer