Business
Add as a preferred source on GoogleShares rose 6% in premarket trading Thursday. On a conference call, CEO Vincent Pilette said Gen Digital recorded its highest retention rate.
Gen Digital, the company behind Norton, raised its full-year revenue and earnings forecasts after quarterly results exceeded expectations, while shares advanced 6% in premarket trading Thursday.
On a conference call, CEO Vincent Pilette said retention had reached a company record.
Quarterly sales fell 2.9% to $3.487 billion, and net earnings were $221 million. BorgWarner cited declining market production volumes and lower Battery Energy Systems sales.
The Oct. 29 filing lists an earnings release, presentation and financial supplement among 48 documents.
A $959 million pretax goodwill charge weighed on the quarter. Xerox’s board also suspended common and preferred dividends.
