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Gen Digital Q1 Earnings Call Highlights
['Jeff Wilder']
Daily Political
Quarterly Results and Raised OutlookFor the first quarter, Gen reported bookings of $1.28 billion, up 11% year over year, and revenue of $1.34 billion, also up 11%.
CFO Natalie Derse said the results represented the company’s fastest revenue growth rate since Gen was created.
For the second quarter, Gen forecast revenue of $1.325 billion to $1.35 billion, or growth of 9% to 11%, and non-GAAP EPS of $0.71 to $0.73.
Gen generated $434 million in operating cash flow and $430 million in free cash flow during the quarter.
About Gen Digital (NASDAQ:GEN)Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions.