Update: Gen Digital Shares Rise After Fiscal Q2 Beat

02:20 PM EDT, 10/29/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) Gen Digital (GEN) shares rose 14.9% in Thursday afternoon trading after the company reported higher-than-expected fiscal Q2 results late Wednesday. The company reported fiscal Q2 adjusted earnings late Wednesday of $0.74 per diluted share, up from $0.62 a year earlier. Analysts polled by FactSet expected $0.72. Revenue in the three months ended Oct. 2 rose to $1.37 billion from $1.22 billion a year earlier. Analysts expected $1.34 billion. Gen Digital expects Q3 adjusted EPS of $0.73 to $0.75 on revenue of $1.37 billion to $1.39 billion. Analysts expect $0.73 and $1.36 billion, respectively. The company raised full-year guidance and now expects fiscal 2027 adjusted EPS of $2.93 to $2.98 on revenue of $5.47 billion to $5.52 billion. The company previously expected adjusted EPS of $2.87 to $2.97 on revenue of $5.38 billion to $5.48 billion. Analysts expect $2.93 and $5.43 billion, respectively. The company kept its quarterly dividend at $0.125 per common share, payable Dec. 9, to shareholders of record Nov. 16. Price: 27.97, Change: +3.62, Percent Change: +14.85