Gen Digital Shares Rise 6% After Earnings Beat and Forecast Increase
Photo: TokenPost
Gen Digital shares rose 6% before the U.S. market opened Thursday after quarterly results exceeded expectations and the company raised its annual revenue and earnings forecasts. CEO Vincent Pilette said during a conference call that Gen Digital recorded its highest retention rate. The results follow a TokenPost earnings preview that included Gen Digital among companies expected to beat analyst consensus. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
