Gen Digital Forecasts Annual Results Above Estimates

GEN DIGITAL INC forecast fiscal 2027 revenue up to $5.43 billion, surpassing analyst estimates of $5.23 billion. The outlook reflects a surge in consumer spending on cybersecurity tools to counter AI-driven data breaches. The company expects full-year adjusted earnings between $2.85 and $2.95 per share, above the $2.86 per share anticipated by analysts.

### AI Threats Drive Cybersecurity Demand Gen Digital also projected first-quarter revenue as high as $1.33 billion, beating the $1.27 billion consensus estimate. Rising complexity in digital attacks has forced consumers to prioritize identity theft monitoring and privacy tools.