Gen Digital Posts Q2 Earnings of $287 Million, Tops Analyst Estimates

Gen Digital Inc. (GEN) on Wednesday reported fiscal second-quarter earnings of $287 million, or 48 cents per share, beating Wall Street expectations. Adjusted earnings came to 74 cents per share, above the 72-cent average estimate from three analysts surveyed by Zacks Investment Research. The Tempe, Arizona-based security software maker posted revenue of $1.37 billion for the period. For the fiscal third quarter ending in December, Gen Digital expects per-share earnings of 73 to 75 cents and revenue of $1.37 billion to $1.39 billion. The company guided full-year earnings to $2.93 to $2.98 per share, with revenue ranging from $5.47 billion to $5.52 billion.