NASDAQ$GEN

Gen Digital Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

GEN Q3 2024 — $2.0M revenue, 0.03 EPS

Condensed Consolidated Financial Statements contain all adjustments, consisting only of normal recurring items, except as otherwise noted, necessary for the fair presentation of our financial position. Gen Digital Inc reported Q3 2024 results. Diluted EPS came in at $0.03. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $2.0M.
  • Diluted EPS: $0.03.
  • Gross profit: $769.

Headline financials

Total Revenue

$951M

Previous: $936M+1.6%
EPS

$0.22

Previous: $0.45-51.1%
Capital Expenditures

-$17M

Previous: -$5M-240.0%
Free Cash Flow

$127M

Previous: $160M-20.6%
Net Income

$144M

Previous: $165M-12.7%
Operating Income

$335M

Previous: $368M-9.0%
Gross Profit

$769M

Previous: $758M+1.5%
Cash & Equivalents

$490M

Previous: $812M-39.7%
Total Assets

$16.3B

Previous: $15.5B+5.0%
R&D Expense

$77M

No prior period
Stock-Based Comp

$35M

Previous: $42M-16.7%

Revenue & EPS history

Gen Digital · Revenue · Quarterly

$951M

Q3 2024+1.6%vs Q3 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Gen Digital · $5B total across 2 segments · Q4 2026

  • Cyber Safety Platform
    $3.34B
  • Trust-Based Solutions
    $1.66B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.3%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+2.2%

Avg return

30 days after

41%

30 / 73 earnings

Positive

+17.2%

Q4 2024

Best reaction

-32.1%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-0.1%+3.6%+0.6%
Q3 2026+8.1%+10.0%+0.8%
Q2 2026+1.2%+6.1%+6.4%
Q1 2026+7.6%+13.8%+4.4%
Q4 2025+8.2%+13.0%+14.0%
Q3 2025-3.5%-1.4%-2.0%
Q2 2025+7.4%+4.2%+13.8%
Q1 2025-3.2%-6.0%+1.8%
Q4 2024+17.2%+22.6%+23.5%
Q3 2024-9.6%-12.3%-7.0%
Q2 2024+10.7%+10.5%+27.6%
Q1 2024+7.2%+8.2%+9.2%
Q4 2023-5.9%-10.3%+3.4%
Q3 2023-8.8%-6.5%-17.6%
Q2 2023+5.8%+5.9%+5.2%
Q1 2023-9.5%-8.6%-14.6%
Q4 2022-1.4%-2.1%-1.4%
Q3 2022+5.8%+15.3%+12.0%
Q2 2022-2.4%-1.0%-4.9%
Q1 2022-1.6%-3.3%+4.0%
Q4 2021+10.7%+23.6%+35.5%
Q4 2020-0.8%-2.1%-0.5%
Q3 2021-2.6%+1.9%-6.7%
Q3 2020-5.1%-2.9%-4.4%
Q2 2021-7.2%-12.0%-12.3%
Q2 2020-4.2%-1.9%-1.3%
Q1 2021+6.7%+2.2%+6.8%
Q1 2020+5.4%+9.3%-3.8%
Q4 2019-4.6%-2.8%+12.9%
Q3 2019+3.5%+0.8%+6.1%
Q2 2019+12.6%+13.3%+20.1%
Q1 2019-12.9%-12.5%-14.0%
Q4 2018+0.8%-0.7%+6.3%
Q3 2018-0.7%-3.1%-3.4%
Q2 2018-0.7%-2.0%+1.2%
Q1 2018-32.1%-22.3%-25.8%
Q4 2017-3.2%-2.2%-0.1%
Q3 2017-0.3%-2.5%-2.4%
Q2 2017-0.9%-2.0%+6.0%
Q1 2017+2.1%-4.4%-7.2%
Q4 2016-0.8%-0.5%+5.8%
Q3 2016-6.9%-2.1%-6.8%
Q1 2016+1.0%
Q2 2016-3.6%
Q3 2015-1.6%
Q4 2015-2.9%
Q2 2015-0.1%
Q1 2015+1.3%
Q4 2014+0.4%
Q3 2014-4.6%
Q2 2014+2.9%
Q1 2014+9.7%
Q4 2013-0.6%
Q3 2013+0.4%
Q2 2013-1.1%
Q1 2013+3.5%
Q4 2012+1.8%
Q3 2012+2.5%
Q2 2012-3.0%
Q1 2012-7.5%
Q4 2011-2.9%
Q3 2011-0.2%
Q2 2011-0.7%
Q1 2011+1.0%
Q4 2008-2.6%
Q4 2010-2.6%
Q3 2010+0.5%
Q3 2009+0.5%
Q2 2010+1.2%
Q2 2009-1.9%
Q1 2009-1.9%
Q1 2010-1.9%
Q4 2009-1.9%

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