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AI English summary of an SEC filing — figures as filed

Gen Digital logoGen Digital GEN

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%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. 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%.

  2. 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%).

  3. 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-written

Analysis 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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.