other material
confidence high
sentiment positive
materiality 0.55
Gen Digital CEO declines comment on GoDaddy rumor; reaffirms FY2027 9-11% revenue growth outlook
Gen Digital Inc.
- CEO Vincent Pilette's Sept 28, 2026 LinkedIn post said he "can't comment on rumors" that Gen is buying GoDaddy, and instead laid out Gen's acquisition criteria.
- Fiscal 2027 outlook: 9%-11% revenue growth and mid-to high-teens non-GAAP EPS growth; both the quarter ending Oct 2, 2026 and the full year are tracking to the higher end of guidance.
- Pilette said Gen has gone from $2 billion in revenue and under $1 of EPS six years ago to more than $5 billion in revenue and nearly $3 of EPS today.
- MoneyLion is on track to deliver more than 30% return on invested capital in its second year; Avast added hundreds of millions of active users and accelerated monetization.
- Acquisition tests: strategic fit, price, real efficiencies, accretion, and whether a deal beats buying back Gen stock while maintaining a strong balance sheet.