Gen Digital (GEN) Revenue — Quarter Ended Sep 29, 2023
Revenue for the quarter increased marginally compared to the previous quarter and rose substantially versus the same quarter a year ago.
Key takeaway
Quarter ended Sep 29, 2023 · FY2024 Q2
Revenue for the quarter increased marginally compared to the previous quarter and rose substantially versus the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$945M
Revenue reported for this quarter.
Quarter-over-quarter
+0.2%
Change from the immediately preceding quarter.
Year-over-year
+26.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 30, 2022 | $936M | +33.3% |
| Mar 31, 2023 | $926M | +29.3% |
| Jun 30, 2023 | $943M | +33.4% |
| Sep 29, 2023 | $945M | +26.3% |
Revenue performance
The quarter's revenue continued an upward trajectory, with a slight sequential gain and a significant year-over-year advance.
Quarterly comparison
Sequentially, revenue edged higher from the immediately preceding quarter. On an annual basis, revenue was sharply higher compared with the same quarter one year earlier.
What to watch
Sustaining the strong year-over-year growth rate in subsequent quarters may be a key metric to monitor.