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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 2 sources · 12 days · First seen · Last updated
Digital services company financial performance
Overview
The digital services sector has seen positive financial reporting from major providers. Gen Digital reported strong second quarter fiscal 2027 results, with revenue reaching $1.37 billion, a 12 percent year-over-year increase. This growth, driven by its Cyber Safety and Trust-based Solutions segments, led the company to raise its full-year revenue guidance.
Similarly, Net Digital AG revised its 2026 fiscal year guidance upward following significant growth in the first half of the year. The company reported revenue of approximately 31 million euros for the first half of 2026, compared to 13.15 million euros in the previous year. This performance, attributed to the payment and telecommunications sectors, resulted in increased EBITDA forecasts and higher price targets from analysts.
Entities
GBC · Natalie Derse · Gen Digital · Avast · Vincent Pilette
Timeline
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[BUSINESS] 2 sourcesNet Digital raises 2026 guidance following strong half-year results
Net Digital AG has raised its 2026 revenue and EBITDA guidance following strong half-year growth in its payment and telecommunications business.
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[BUSINESS] 2 sourcesGen Digital reports strong Q2 FY2027 results and raises full-year outlook
Gen Digital exceeded Q2 FY2027 expectations with $1.37 billion in revenue and a record 83 million customers, prompting an increase in its full-year financial outlook.
Sources
finanzen.net · finanznachrichten.de