Gen Digital Inc
GEN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| kLb | LOCK|#yw | LOCK|?%^G?Z% |
Gen Digital Earnings: Partner Channel and MoneyLion-Led Growth Boosts Sales
Gen Digital reported solid fiscal third-quarter results, with sales growing 26% to $1.24 billion and adjusted earnings per share expanding 13% to $0.64. The top line was bolstered by the recent MoneyLion purchase, although integration costs associated with the acquisition weighed on margins.
