Gen Digital Inc
For the period ended Jun 28, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 28, 2024 · Filed Aug 7, 2024
GEN$30.01+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(Unaudited, in millions, except per share amounts)
| Three Months Ended | ||
|---|---|---|
| June 28, 2024 | June 30, 2023 | |
| Net revenues | $965 | $943 |
| Cost of revenues | 190 | 179 |
| Gross profit | 775 | 764 |
| Operating expenses: | ||
| Sales and marketing | 183 | 181 |
| Research and development | 81 | 90 |
| General and administrative | 52 | 56 |
| Amortization of intangible assets | 43 | 61 |
| Restructuring and other costs | (1) | 17 |
| Total operating expenses | 358 | 405 |
| Operating income (loss) | 417 | 359 |
| Interest expense | (153) | (170) |
| Other income (expense), net | 12 | 12 |
| Income (loss) before income taxes | 276 | 201 |
| Income tax expense (benefit) | 95 | 14 |
| Net income (loss) | $181 | $187 |
| Net income (loss) per share - basic | $0.29 | $0.29 |
| Net income (loss) per share - diluted | $0.29 | $0.29 |
| Weighted-average shares outstanding: | ||
| Basic | 621 | 640 |
| Diluted | 627 | 643 |
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