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Gen Digital Inc   (GEN)
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

Again Positive Income at the Software & Programming company over the financial time-frame ending December 30 2022

company announced third quarter of 2023 operating profit of $368 millions


Published Mar 23 2023
CSIMarket Team / CSIMarket.com


tablet_By_Bin_im_Garten_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsGEN has managed to turn into profitability on the shrinking sales, eps was at $0.25 in the financial time-frame ending December 30 2022 but Revenue decreased by -2.119 % to $936.00 millions from the preceding year reporting season.

From the previous reporting season, earnings per share more than doubled from $0.12 per share and Revenues improved by 25.134 % from $748.00 millions.


The company stand at earnings of $165.000 millions in the financial time-frame ending December 30 2022 an improvement versus a net shortfall of $-29.316 millions in the comparable reporting season a year ago. Gen Digital Inc also emphasized it's improving profit margins, where net margin rose to 17.63% in financial time-frame ending December 30 2022, and operating margin edged up to 39.32%.
Operating earnings, however, rose 35.2% to $368 millions.

Gen Digital Inc is expected to report next financial results on November 08, 2023.



Gen Digital Inc's ROE

Gen Digital Inc's Net Profit Margin



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