Gen Digital (GEN) Income from Discontinued Operations (2015 - 2021)

Gen Digital (GEN) has reported Income from Discontinued Operations for 7 consecutive years, with -$14.0 million the latest figure, recorded in Q2 2021.

• For the quarter ending Q2 2021, Income from Discontinued Operations fell 117.07% year-over-year to -$14.0 million; the trailing twelve-month figure through Dec 2021 stood at -$14.0 million (up 69.57% YoY), and the FY2021 full-year result was -$142.0 million, down 104.29% from the prior year.
• Income from Discontinued Operations eased to -$14.0 million in Q2 2021 per GEN's latest filing, from $5.0 million in the prior quarter.
• Across five years, Income from Discontinued Operations topped out at $2.5 billion in Q1 2020 and bottomed at -$102.0 million in Q4 2020.
• Historically, Income from Discontinued Operations has averaged $206.8 million across 5 years, with a median of $5.0 million in 2018.
• The sharpest annual moves came in 2019 and 2020: Income from Discontinued Operations tumbled 340.0% in 2019, then jumped 2866.67% in 2020.
• Over 5 years, Income from Discontinued Operations stood at $31.0 million in 2017, then jumped by 170.97% to $84.0 million in 2018, then jumped by 789.29% to $747.0 million in 2019, then tumbled by 113.65% to -$102.0 million in 2020, then jumped by 86.27% to -$14.0 million in 2021.
• According to Business Quant data, Income from Discontinued Operations over the past three periods registered -$14.0 million, $5.0 million, and -$102.0 million for Q2 2021, Q1 2021, and Q4 2020 respectively.