Gen Digital CEO Says Cyber Safety Demand Remains Resilient -- Market Talk

Dow Jones

2025/05/08

1318 ET - Gen Digital continues to see strong demand for its cyber safety products amid increasingly advanced, AI-powered threats, CEO Vincent Pilette says in an interview. Pilette says that while no businesses are fully immune to economic uncertainty, Gen has tended to fare well under similarly challenged quarters in the past due to its high level of subscription and auto renewal customers. Gen posts 5% higher bookings in F4Q on a constant currency basis, and those trends appear to be continuing in the current quarter, with April's results trending in line with March, Pilette says. Gen Digital surges 9%. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

May 07, 2025 13:18 ET (17:18 GMT)

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Gen Digital surges 9%. (kelly.cloonan@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 07, 2025 13:18 ET (17:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}