Published on 9 Nov 2022 on Zacks via Yahoo Finance
Gen Digital (GEN) Gains on Q2 Earnings Meet, Revenue Beat
Gen Digital Inc. GEN shares soared 5% on Tuesday’s extended trading session following the company’s report of strong second-quarter fiscal 2023 results. The consumer cyber safety provider reported non-GAAP earnings that matched the Zacks Consensus Estimate, while revenues surpassed the same.
Moreover, the top and bottom lines marked a year-over-year improvement.
Gen Digital was formerly known as NortonLifeLock Inc. and was trading under the NLOK ticker symbol. NortonLifeLock changed its name and ticker symbol, effective from Nov 8, 2022, following the completed merger of NortonLifeLock and Avast Plc.