8-KItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
Gen CEO says acquisition decisions must meet strict return and valuation standards
Filed with the SEC on · Summarized by InvestorsBot
Gen CEO Vincent Pilette said September 28 that the company would not comment on rumors about a possible GoDaddy acquisition and would consider deals only if they fit its strategy, are appropriately priced, create efficiencies, and are accretive versus share buybacks. Gen raised its fiscal 2027 outlook to 9%-11% revenue growth and mid-to-high-teens non-GAAP EPS growth, with the quarter ending October 2 and the full-year outlook tracking toward the high end of guidance; Pilette also said MoneyLion is on track to generate more than a 30% return on invested capital in its second year.