Financial Data and Key Metrics Changes - Fiscal year 2025 total bookings reached a record $4 billion, up 4% year over year, with revenue exceeding the high end of annual guidance [8][25] - Non-GAAP operating margin was a record 58.4%, reflecting strong cost controls and operational efficiencies [9][26] - Non-GAAP EPS for the year was $2.22, up 15% year over year, and at the high end of annual guidance [9][26] - Q4 revenue exceeded $1 billion for the first time, reaching $1.01 billion, up 5% year over year [27][26] - Q4 operating income was $590 million, translating to an operating margin of 58.4% [33] Business Line Data and Key Metrics Changes - Direct revenue in Q4 was $877 million, up 4% in constant currency, with a customer base increase to 40.4 million, up 1.3 million year over year [27][28] - Partner revenue in Q4 was $121 million, up 15% year over year, driven by growth in the employee benefits channel [31][32] - The identity theft protection segment saw double-digit growth internationally, with increased demand for LifeLock [12][14] Market Data and Key Metrics Changes - The identity category grew double digits internationally, with privacy and identity products introduced in 15 new markets [14] - The overall customer base grew to over 65 million direct and indirect paid customers, with nearly 45% having comprehensive cyber safety memberships [15] Company Strategy and Development Direction - The company is focused on increasing innovation pace and expanding geographic reach to enhance its cyber safety platform [10][12] - The acquisition of MoneyLion aims to expand into financial wellness, enhancing the company's total addressable market [16][17] - The business will operate under two segments: Cyber Safety Platform and Trust Based Solutions, with a focus on driving profitable growth [18][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business despite macroeconomic uncertainties, citing a strong subscription model [68][69] - For fiscal year 2026, the company expects revenue between $4.7 billion and $4.8 billion, representing 6% to 8% pro forma growth [22][39] - Non-GAAP EPS for fiscal year 2026 is projected to be between $2.46 and $2.54, indicating double-digit growth [39] Other Important Information - The company plans to continue a balanced capital allocation strategy, focusing on share repurchases and debt pay down [48][36] - The Q4 ending cash balance was over $1 billion, with liquidity exceeding $2.5 billion [34][35] Q&A Session Summary Question: Guidance for fiscal year 2026 and MoneyLion growth visibility - Management confirmed that guidance is based on maintaining current momentum in both the Cyber Safety Platform and MoneyLion, with expected growth rates of mid-single digits for Cyber Safety and around 24-25% for MoneyLion [44][45] Question: Capital allocation strategy regarding share repurchases - Management indicated a balanced approach to capital allocation, focusing on both share repurchases and debt pay down, with plans to resume share buybacks post-acquisition [48][49] Question: Impact of MoneyLion's customer network on potential subscribers - Management highlighted the opportunity to cross-sell to MoneyLion's customer base and enhance offerings through the integration of financial wellness features [55][58] Question: Resilience of the business amid macroeconomic uncertainty - Management reassured that the business model is resilient, with a strong subscription base and continued demand for cyber safety products [68][69] Question: Indirect revenue growth outlook - Management expects sustainable, profitable high single-digit growth in the indirect channel, particularly from employee benefits and telco partnerships [87][88]

Financial Performance - FY25 revenue reached $3.935 billion, a 4% year-over-year increase[9] - Q4 FY25 revenue was $1.010 billion, up 5% year-over-year in both USD and constant currency[30, 33] - FY25 EPS was $2.22, a 15% increase in constant currency[9] - Q4 FY25 EPS reached $0.59, a 13% increase year-over-year in constant currency[30, 33] - The company has a net leverage of 3.2x[10] Customer Metrics - Total bookings reached $4.0 billion, a 4% year-over-year increase in constant currency[10] - Total paid customers exceeded 65 million[10] - Direct customers totaled over 40 million, with a net increase of 1.3 million year-over-year[10] - Direct customer retention rate was 78%, a 250 bps increase since the Avast acquisition[10] - Direct monthly ARPU was $7.26, a $0.04 year-over-year increase[10] Future Outlook - FY26 revenue is projected to be between $4.70 billion and $4.80 billion, representing a 6-8% year-over-year pro-forma growth[44] - FY26 EPS is expected to be between $2.46 and $2.54, a 12-15% year-over-year increase in constant currency[44]

TEMPE, Ariz. & PRAGUE – May 6, 2025 – Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, released its results for its fiscal year 2025 fourth quarter and full year, which ended March 28, 2025. "Our record results and accelerated growth are driven by our mission to meet the ever-evolving needs of today's digital consumers," said Vincent Pilette, CEO of Gen. "Now with the successful acquisition of MoneyLion, we've taken the next step forward in building the most comprehensi ...

Core Insights - The article discusses potential investment opportunities in GENK, indicating a possible long position in the stock or related derivatives within the next 72 hours [1]. Group 1 - The analyst has no current stock or derivative positions in the companies mentioned but may initiate a beneficial long position soon [1]. - The article expresses the author's personal opinions and is not influenced by any compensation from the companies discussed [1]. Group 2 - There is a disclaimer regarding past performance not guaranteeing future results, emphasizing that no specific investment advice is provided [2]. - The views expressed may not reflect those of the broader platform, highlighting the independent nature of the analysts involved [2].

Core Insights - Gen Digital Inc. (GEN) is set to report its fourth-quarter fiscal 2025 results on May 6, with expected non-GAAP revenues between $990 million and $1,005 million, reflecting a year-over-year growth of 3.2% [1] - The company anticipates non-GAAP earnings per share in the range of 57-59 cents, with a consensus estimate of 58 cents, indicating a year-over-year increase of 9.4% [2] Revenue Expectations - The Consumer Security segment's revenue is estimated at $632.9 million, showing a year-over-year increase of 1.9%, while the Identity and Information Protection division is projected to generate $354 million, reflecting a growth of 4.1% [4] - The increase in average direct paying customers by 400,000 to 40.1 million in the third quarter is expected to positively influence revenue growth [3] Market Dynamics - The demand for cybersecurity products has surged due to a significant rise in global hacking incidents, which has likely benefited Gen Digital's performance [3] - The launch of Norton Small Business Premium, a comprehensive cybersecurity solution, is anticipated to have contributed to sales growth in the upcoming quarter [4] Challenges - The company's performance may be negatively impacted by a decline in IT spending, driven by high interest rates and inflation affecting consumer spending [6] - Enterprises are reportedly deferring substantial IT investments due to a weakening global economy and ongoing macroeconomic and geopolitical challenges [6] Earnings Prediction - Current analysis indicates that Gen Digital does not have a strong likelihood of beating earnings expectations, with an Earnings ESP of -1.16% and a Zacks Rank of 4 (Sell) [7]

Company Overview - Gen Digital (GEN) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.58, reflecting a +9.4% change, and revenues of $998.02 million, up 3.2% from the previous year [3][10] - The earnings report is scheduled for May 6, 2025, and the actual results will significantly influence the stock price depending on whether they meet or exceed expectations [2][10] Earnings Estimates and Trends - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from analysts [4] - The Most Accurate Estimate for Gen Digital is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.16%, suggesting a bearish sentiment among analysts [10][11] Earnings Surprise History - In the last reported quarter, Gen Digital had an EPS expectation of $0.55 but delivered $0.56, resulting in a surprise of +1.82% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Comparison - In the Zacks Technology Services industry, V2X (VVX) is expected to post earnings of $0.92 per share, indicating a +2.2% year-over-year change, with revenues projected at $1.03 billion, up 2% [17] - V2X has an Earnings ESP of 1.53% and a Zacks Rank of 3 (Hold), suggesting a higher likelihood of beating the consensus EPS estimate [18]

Core Insights - eXoZymes Inc. is featured as the cover story in GEN Biotechnology, highlighting its pioneering role in AI-engineered enzymes for sustainable biomanufacturing [1][4] - The introduction of the term 'exozymes' aims to clarify the concept of cell-free biomanufacturing, distinguishing it from other cell-free technologies [2][6] Company Overview - Founded in 2019, eXoZymes has developed a biomanufacturing platform that utilizes advanced enzymes to produce essential chemicals sustainably [7] - The company focuses on replacing traditional chemical production methods with eco-friendly alternatives through the use of exozymes [8] Scientific Contributions - The Perspective paper titled "Exozymes for Biomanufacturing" provides a scientific definition of exozymes, addressing misconceptions in the field and advocating for new terminology [2][5] - Co-authors of the paper include researchers from prestigious institutions, indicating a collaborative effort to advance the understanding of cell-free biomanufacturing [5] Technological Innovation - Exozymes are enhanced enzymes that operate outside of living cells, enabling scalable and sustainable biosolutions for chemical production [8][9] - The technology aims to eliminate scaling bottlenecks in synthetic biology, positioning exozymes as a next-generation solution in biomanufacturing [9] Industry Impact - The introduction of exozymes is seen as a significant advancement in biotechnology, with potential implications for drug development and industrial applications [3][6] - The company emphasizes the importance of a common language in the scientific community to foster innovation and collaboration in biomanufacturing [6]

Core Insights - Gen Digital Inc. has successfully completed the acquisition of MoneyLion Inc., enhancing its leadership in financial wellness and empowering consumers to manage their digital and financial lives [1] - The acquisition was valued at approximately $1 billion, with Gen acquiring MoneyLion at $82.00 per share in cash, along with contingent value rights for shareholders [1] Company Overview - Gen Digital Inc. is a global leader focused on Digital Freedom through its consumer brands, including Norton, Avast, LifeLock, and MoneyLion, providing financial empowerment and cyber safety [3] - The company serves nearly 500 million users across more than 150 countries, offering award-winning products in cybersecurity, online privacy, identity protection, and financial wellness [3] Strategic Implications - The acquisition of MoneyLion is expected to accelerate Gen's position in redefining financial empowerment in a digital-first world, combining Gen's expertise in consumer cyber safety with MoneyLion's financial ecosystem [1] - The deal includes a contingent value right (CVR) that allows MoneyLion shareholders to receive additional payments in Gen common stock based on specific performance metrics [1]

Group 1 - Gen Digital Inc. will release its fiscal year 2025 fourth quarter and full-year financial results on May 6, 2025, after market close [1] - Following the financial results announcement, Gen management will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET [2] - Gen Digital Inc. operates under various trusted Cyber Safety brands, including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner, serving nearly 500 million users in over 150 countries [2]

Core Insights - Gen has been recognized for its cybersecurity products, receiving 16 awards from independent testing institutions AV-Comparatives, AV-Test, and AVLab, highlighting its commitment to digital safety [1][2][4] Group 1: Awards and Recognition - Gen's brands, including Norton, Avast, AVG, and Avira, received multiple awards for their cybersecurity solutions, with Avast and AVG being named 'top rated products' and awarded Gold for Real World Protection [2][3] - Norton, Avast, and AVG were recognized as the Best MacOS Security for home users by AV-Test, showcasing their effectiveness in protecting users on different platforms [3] Group 2: Technology and Innovation - The recognition from independent labs underscores the advanced machine learning and AI capabilities that power Gen's cybersecurity products, ensuring they adapt to the rapidly changing threat landscape [1][2] - The testing process evaluates real-world protection, malware defense, and overall performance, indicating that Gen's products meet high standards for security performance [4] Group 3: Company Overview - Gen is a global leader in Cyber Safety, providing trusted brands and services to nearly 500 million users in over 150 countries, emphasizing its role in empowering digital freedom [4]