Gen Reports Q3 Revenue of $1.24B, Exceeds Expectations
Reports Q3 revenue $1.24B, consensus $1.23B. "As AI transforms digital life and the threat landscape, consumers need protection and guidance they can trust," said Vincent Pilette, CEO. "Our Q3 results confirm that Gen's platform strategy is resonating. By uniting advanced intelligence and signals across security, identity and financial wellness at unmatched scale, we're delivering personalized protection and contextual recommendations for our customers at the moments that matter the most." "We delivered a strong Q3 with continued growth momentum. The strength of our financial model continues to generate substantial free cash flow enabling us to invest in growth and innovation while deploying nearly $700M of capital to shareholders during the quarter," said Natalie Derse, CFO. "As we scale our trusted AI-powered platform and expand our leadership in secure financial wellness, we remain sharply focused on driving growth, operating discipline, and long-term shareholder value."
