Gen Digital Inc. (GEN) reported a profit for the first quarter that decreased from last year but surpassed Street estimates. The company’s bottom line was $135 million, or $0.22 per share, compared to $181 million, or $0.29 per share, last year. Excluding items, adjusted earnings were $398 million or $0.64 per share, beating analysts’ expectations of $0.61 per share. Revenue for the period increased by 30.3% to $1.257 billion. The company also raised its FY26 revenue guidance to $4.800 billion – $4.900 billion and EPS guidance to $2.49 – $2.56.
Read more at : Gen Digital Inc. Q1 Profit Decreases, But Beats Estimates
