The cybersecurity firm projects stronger earnings and revenue growth next fiscal year backed by AI-driven efficiencies and trust-based solutions.
Gen Digital Inc. (GEN) guided for 8%-10% revenue growth and non-GAAP EPS of $2.85-$2.95 in fiscal 2027. The outlook follows a record fiscal 2026, where revenue surpassed $5 billion for the first time and EPS reached $2.56.
Management highlighted AI-driven operational efficiencies and trust-based solutions as key growth drivers. The company also reported exiting fiscal 2026 with net leverage at 3x, reflecting improved financial flexibility.
The guidance reflects confidence in sustained demand for cybersecurity services amid evolving digital threats and cost optimization efforts.