Gen Digital (GEN) Revenue — Quarter Ended Dec 29, 2023
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year earlier, reflecting continued growth. The company's top line remained on an upward trajectory.
Key takeaway
Quarter ended Dec 29, 2023 · FY2024 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year earlier, reflecting continued growth. The company's top line remained on an upward trajectory.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$948M
Revenue reported for this quarter.
Quarter-over-quarter
+0.3%
Change from the immediately preceding quarter.
Year-over-year
+1.3%
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 |
|---|---|---|
| Mar 31, 2023 | $926M | +29.3% |
| Jun 30, 2023 | $943M | +33.4% |
| Sep 29, 2023 | $945M | +26.3% |
| Dec 29, 2023 | $948M | +1.3% |
Revenue performance
The latest quarter's revenue showed a modest improvement over the previous period, marking another sequential gain. Compared to the same period a year ago, revenue also advanced.
Quarterly comparison
When compared with the immediately preceding quarter, revenue saw a slight rise. Year over year, the growth rate was more pronounced, indicating sustained demand.
What to watch
The pace of revenue growth relative to prior quarters may be moderated, warranting attention to future trends.