Gen Digital Inc. announced its third-quarter fiscal year 2025 results, surpassing Wall Street estimates for both revenue and profit. The company reported non-GAAP revenue of $986 million, a 3.7% increase year-over-year, and non-GAAP diluted earnings per share (EPS) of $0.56, up 15% from the prior year's third quarter.
Following this strong performance, Gen Digital strengthened its non-GAAP annual guidance for fiscal year 2025, projecting revenue in the range of $3,920 million to $3,940 million and non-GAAP EPS between $2.20 and $2.24. The company also provided Q4 FY25 guidance, expecting revenue between $1,000 million and $1,020 million and EPS between $0.59 and $0.61.
CEO Vincent Pilette highlighted the increasing sophistication of scams and financial fraud, noting that 90% of all cyber threats now originate from scams, up from 30% in 2020. The Board of Directors approved a regular quarterly cash dividend of $0.125 per common share, payable on March 12, 2025.
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