Gen Digital rises after beating Q4 revenue estimates

Gen Digital

09/05/2024 21:58

** Shares of cybersecurity firm Gen Digital  GEN.O  rise
4.9% to $21.15 in aftermarket trading 
    ** GEN posts Q4 revenue of $967 mln vs. analysts' average
estimate of $965 mln - LSEG data
    ** Co forecasts fiscal year 2025 revenue in the range of
$3.89 bln to $3.93 bln vs. analysts' estimate of $3.93 bln
    ** Expects Q1 revenue between $960 mln and $970 mln vs.
estimate of $965.6 mln
    ** Up to last close, stock down ~11% YTD 

 (Reporting by Jaspreet Singh in Bengaluru)
 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))