Gen Digital Q1 revenue beats estimates;  full-year guidance raised

Gen Digital

06/08/2026 21:16

Overview
US cybersecurity firm's fiscal Q1 revenue rose 6%, beating analyst expectations
Adjusted EPS for fiscal Q1 rose 19% yr/yr
Company raised full-year revenue and EPS guidance

Outlook
Gen Digital raises FY27 non-GAAP revenue guidance to $5.375 bln-$5.475 bln from $5.325 bln-$5.425 bln
Company lifts FY27 non-GAAP EPS outlook to $2.87-$2.97 from $2.85-$2.95
Gen Digital expects Q2 FY27 non-GAAP revenue of $1.325 bln-$1.350 bln and EPS of $0.71-$0.73

Result Drivers
BROAD-BASED SEGMENT GROWTH - Co said both Cyber Safety Platform and Trust-Based Solutions segments contributed to growth
CUSTOMER BASE EXPANSION - Co reported an increase in total paid customers compared to prior year
PLATFORM INTEGRATION - Co attributed results to combining Cyber Safety, Identity Protection, and Financial Wellness offerings

Company press release: ID:nPn4Ntw93a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.34 bln
$1.31 bln (7 Analysts)
Q1 EPS
 
$0.36
 
Q1 Operating Cash Flow
 
$434 mln
 
Q1 Operating Income
 
$443 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Gen Digital Inc. is $27.50, about 1.6% below its August 5 closing price of $27.95
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 three months ago

Reuters Recommended Reads
Aug 4 - Qualys beats Q2 expectations, hikes FY forecast
Aug 6 - China launches cybersecurity review into Palo Alto Networks products
Aug 6 - UK's Corero H1 revenue rises 42% on new customer wins

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)