Gen Digital (GEN) Revenue — Quarter Ended Jun 28, 2024
Revenue for the reported quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The growth rate versus the prior quarter was minimal, while the year-over-year improvement was more pronounced.
Key takeaway
Quarter ended Jun 28, 2024 · FY2025 Q1
Revenue for the reported quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The growth rate versus the prior quarter was minimal, while the year-over-year improvement was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$965M
Revenue reported for this quarter.
Quarter-over-quarter
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+2.3%
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 |
|---|---|---|
| Sep 29, 2023 | $945M | +26.3% |
| Dec 29, 2023 | $948M | +1.3% |
| Mar 29, 2024 | $964M | +4.1% |
| Jun 28, 2024 | $965M | +2.3% |
Revenue performance
The reported revenue moved higher, supported by a modest sequential gain and a stronger year-over-year increase.
Quarterly comparison
Compared to the prior quarter, revenue edged up, and relative to the same quarter last year, it showed a notable rise. The trajectory indicates continued top-line expansion, albeit at a decelerating sequential pace.
What to watch
The narrowing sequential growth rate may warrant monitoring for any signs of demand softening or competitive pressure.