GEN Digital Inc. (GEN) experienced a significant surge of 5.08% in post-market trading on Thursday. The upward movement followed the release of the company's third-quarter fiscal year 2026 financial results, which exceeded analyst expectations.

The digital security provider reported Q3 revenue of $1.24 billion, beating the consensus estimate of $1.23 billion. Adjusted earnings per share came in at $0.64, surpassing the $0.63 estimate. Adding to investor optimism, Gen Digital raised its fiscal 2026 revenue guidance to a range of $4.955 billion to $4.975 billion, up from its previous forecast. The company also increased its full-year EPS outlook to $2.54-$2.56.

The strong performance was attributed to robust demand for the company's security software services, driven by increasing cyber threats and the growing need for AI-driven protection solutions. A surge in high-profile hacks has spurred both consumers and enterprises to invest heavily in safeguarding their digital infrastructure, benefiting companies like Gen Digital which provides protection against viruses, malware, and identity theft.