Gen DigitalNASDAQ: GEN

In the second quarter, GEN's earnings increased due to higher revenues, careful spending, and cost savings from the merger between NortonLifeLock and Avast.

The financial results for Gen Digital (GEN) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

Gen Digital (GEN) reported quarterly earnings of $0.54 per share, matching the Zacks Consensus Estimate. This is an increase compared to earnings of $0.47 per share from the same period last year.

GEN's Q2 results are expected to show positive effects from an increasing number of clients, backed by a solid range of products, even with challenges in the economy.

TEMPE, Ariz. and PRAGUE, Oct. 8, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) has announced that it will share its financial results for the second quarter of fiscal 2025 on Wednesday, October 30, 2024, after the market closes.

The opening of this restaurant is GEN's fourth in Hawaii and increases the total number of locations to 41 across the country. This expansion highlights the company's growth in the national market.

GEN Restaurant Group, which recently went public, runs 40 Korean BBQ restaurants and offers unique value and notable menu discounts compared to its competitors. The management focuses on quickly generating cash and expanding rather than on traditional measures like same-store sales, which might influence how investors feel and the company's valuation. With a strong cash flow and efficient cost management, GENK aims to grow to 250 locations without taking on debt.

On September 19, 2024, in Washington, it was announced that AARP members can take advantage of improved personal security, safety, and travel deals from current benefit providers like LifeLock™ by Norton, Tempo by Hilton, and Spark by Hilton.

The share price increased by more than 60% in under a year, thanks to a rise in customer numbers, high retention, and better operating profits and margins. Even with challenges like $8.5 billion in long-term debt and possible integration issues, the Q1 FY25 results showed a 2% year-on-year revenue growth and a 16% increase in GAAP operating income. These strong fundamentals and positive growth trends back up my Buy recommendation.