AI English summary of an SEC filing — figures as filed
The company reported GAAP revenue of $951 million for Q3 ended December 29, 2023, up 2%, with operating income of $335 million, down 9%, and diluted EPS of $0.22, down 12%.
Key points
AI summaryThe company reported GAAP revenue of $951 million for Q3 ended December 29, 2023, up 2%, with operating income of $335 million, down 9%, and diluted EPS of $0.22, down 12%.
Gen Digital said it reported non-GAAP bookings of $1,007 million for Q3 (up 4%), operating income of $558 million, an operating margin of 58.7% (up 250 basis points), and diluted EPS of $0.49 (up 10%).
The company said it expects non-GAAP revenue of $960 to $970 million and EPS of $0.52 to $0.54 for Q4 FY24. It also approved a quarterly cash dividend of $0.125 per share, payable on March 13, 2024.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.
Fiscal 2024 Q3 GAAP Results
The company reported GAAP revenue of $951 million for Q3 ended December 29, 2023, up 2%, with operating income of $335 million, down 9%, and diluted EPS of $0.22, down 12%.
Source · Based on the filing body and exhibits
Q3 Non-GAAP Results and Bookings
Gen Digital said it reported non-GAAP bookings of $1,007 million for Q3 (up 4%), operating income of $558 million, an operating margin of 58.7% (up 250 basis points), and diluted EPS of $0.49 (up 10%).
Source · Based on the filing body and exhibits
Q4 Outlook and Quarterly Dividend
The company said it expects non-GAAP revenue of $960 to $970 million and EPS of $0.52 to $0.54 for Q4 FY24. It also approved a quarterly cash dividend of $0.125 per share, payable on March 13, 2024.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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