Gen Digital Reports Strong Q2 2027 Results and Raises Full-Year Guidance
Gen Digital (GEN) delivered a robust second quarter for fiscal year 2027, reporting total net revenue of $1.369 billion, a 12% increase year-over-year that exceeded management's high-end guidance. The company saw significant growth across its segments, particularly in Trust-Based Solutions and Partner Channels, while reaching a record paid customer count of 83 million. Driven by strong operational performance and efficiency gains from AI integration, the company raised its full-year revenue and non-GAAP EPS guidance. Management highlighted successful deployment of generative AI to improve engineering productivity and customer support resolution rates, contributing to stable operating margins despite increased investments in product development.
Tickers: $GEN
Topics: Cyber Safety Revenue EPS Beat Financial Guidance Revenue Growth Trust-Based Solutions