8/103 sources · 2 publishersUpdated Oct 28, 22:50 UTC
Gen Digital posts double‑digit Q2 FY27 growth and raises FY27 outlook
Gen Digital reported Q2 FY27 revenue of $1.37 billion, a 12% year‑over‑year increase on a reported basis, and non‑GAAP EPS of $0.74, a 19% year‑over‑year rise on a reported basis. The company announced a $0.125 quarterly dividend payable Dec. 9, 2026 and highlighted AI‑driven product enhancements. After the earnings release, the shares jumped 9.2% in after‑hours trading.
Why it matters
The higher revenue and EPS lift Gen’s FY27 non‑GAAP guidance, which may improve earnings expectations for investors. The dividend increase provides additional cash return to shareholders.
Key facts
- 1Revenue was $1.37 billion, up 12% year‑over‑year on a reported basis. investing.com
- 2Non‑GAAP EPS was $0.74, up 19% year‑over‑year on a reported basis. investing.com
- 3Bookings grew double‑digit for the sixth consecutive quarter (exact percentage not disclosed). tradingview.com
- 4The company declared a $0.125 quarterly dividend payable Dec. 9, 2026. tradingview.com
- 5Shares rose 9.2% in after‑hours trading to $26.59 from $24.35. investing.com
- 6Paid customer base reached 83 million, up 6 million year‑over‑year. investing.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.