Gen Digital Inc

Gen Digital, Inc. engages in the provision of security, storage, and systems management solutions. The firm focuses on providing consumer cyber safety with its business solutions. The company was founded by Gary Hendrix in April 1982 and is headquartered in Tempe, AZ.

Earnings data Q4 2021

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Gen Digital Inc (GEN) reports record revenue and profitability, eyes growth through cybersafety innovation

Gen Digital Inc (GEN) delivered strong financial results in Q4 2024, driven by a focus on consumer cybersafety and innovative product launches. The company aims to continue investing in technology and customer-centric strategies to drive growth in fiscal year 2025.

Gen Digital Inc reports strong Q1 results, focuses on cyber safety and growth

Gen Digital Inc's Q1 2025 performance reflects strength in financial results, customer metrics, and strategic direction, supported by a focus on cyber safety and technology.
The company's emphasis on customer acquisition, retention, and AI-driven solutions positions it well to navigate challenges and capitalize on growth opportunities in the cybersecurity market.
While facing challenges in a competitive landscape and potential currency risks, Gen Digital Inc's commitment to innovation and disciplined capital allocation underpins its long-term growth strategy.
Overall, Gen Digital Inc's earnings call highlights a balanced approach to driving growth, profitability, and customer value in the cybersecurity sector.

Gen Digital Inc (GEN) reports strong Q2 earnings and raises full-year guidance

Gen Digital Inc (GEN) demonstrated robust financial performance in Q2, driven by strong customer growth, revenue expansion, and prudent financial management.
While facing challenges in a competitive market, the company's focus on innovation, customer protection, and strategic investments presents growth opportunities.
With an optimistic outlook for Q3 and raised full-year guidance, Gen Digital Inc (GEN) remains committed to customer-centric growth and cybersecurity leadership.

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Gen Digital, Inc. engages in the provision of security, storage, and systems management solutions. The firm focuses on providing consumer cyber safety with its business solutions. Its brands include Norton, Avast, Lifelock, Avira, AVG, and CCleaner. The company was founded by Gary Hendrix in April 1982 and is headquartered in Tempe, AZ.

Barclays

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MoneyLion

NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by MoneyLion Inc. (NYSE: ML) and its board of directors concerning the proposed acquisition of the company by Gen Digital Inc. (NASDAQ: GEN). Stockholders will receive $82.00 and one contingent value right worth $23.00 for each share of MoneyLion stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of MoneyLion Inc.

Gen Digital plans to add financial wellness tools to its offerings by acquiring MoneyLion. The company entered into a definitive agreement to make the acquisition, which will add MoneyLion's financial empowerment resources to Gen Digital's credit and identity protection solutions, the companies said in a Tuesday (Dec. 10) press release.

Gen Digital to Add Financial Wellness Tools With MoneyLion Acquisition

Norton and Avast owner Gen Digital has agreed to buy fintech firm MoneyLion in an all-cash deal valued at about $1 billion to beef up its consumer finance offerings, the companies said on Thursday.

Avast antivirus owner Gen Digital acquires MoneyLion in $1 bln deal

Gen, which provides security, storage and systems management through brands such as Norton and Lifelock, said it will pay $82 a share in cash to acquire the digital financial-services and lifestyle-content platform.

Gen Digital to Acquire MoneyLion in Deal Worth $1 Billion

Gen Adds Financial Empowerment to Credit and Identity Protection Solutions TEMPE, Ariz. and PRAGUE , Dec. 10, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, announced today that it has entered into a definitive agreement to acquire MoneyLion Inc. (NYSE: ML), a leading digital ecosystem for consumer finance that empowers everyone to make their best financial decisions.

Gen Extends its Financial Wellness Offerings with the Acquisition of MoneyLion

Fortinet

Rubrik Inc

Cybersecurity threats continue to rise, and companies across sectors anticipate increasing spending on defense measures to prevent or lessen the damage caused by these attacks in the future. According to a recent survey of more than 1,000 executives across industries by Deloitte, 57% of respondents expect their companies to boost cybersecurity spending over the coming 1-2 years.

Top Cybersecurity Stock Picks for 2025

AI will begin to blur reality, data theft will pave the way for identity theft, and scams will become hyper-personalized and data-driven following a year of large-scale breaches TEMPE, Ariz. and PRAGUE , Dec. 4, 2024  /PRNewswire/ -- Gen™ (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of Cyber Safety brands, today released its top cyberthreat predictions for 2025.

Gen Reveals Cybersecurity Predictions for 2025

Gen Digital (GEN) reported earnings 30 days ago. What's next for the stock?

Gen Digital (GEN) Up 5.9% Since Last Earnings Report: Can It Continue?

Shares of Gen Digital, Inc. (GEN) rise as Big Money investors buy.

Gen Digital Locking in Big Money Support

Gen Digital's robust business model and superb profitability positioned it well for the upcoming consolidation in the segment it competes in. Despite its superb profitability and great position, Gen Digital currently faces a secular threat that could negatively affect its business in the future. Gen Digital's focus on its existing customers positioned it for stable and profitable growth.

Gen Digital: A Robust Business Facing A Secular Threat

Norton Small Business Premium helps keep business data, online activities, and finances safe from modern cyberthreats and includes 24/7 IT support TEMPE, Ariz. and PRAGUE , Nov. 21, 2024 /PRNewswire/ -- Norton, a leading Cyber Safety brand of Gen™ (NASDAQ: GEN), has launched the new Norton Small Business Premium, an all-in-one, easy-to-use cybersecurity plan specifically designed for entrepreneurs and small businesses.

Norton Introduces Small Business Premium for Powerful, Easy-to-Use Business-Grade Security

Report Finds 614% Increase in Scams Where Cybercriminals Go After People's Desire to Learn about Technology and Problem-Solve, Supporting a Surge in Data Theft TEMPE, Ariz. and PRAGUE , Nov. 19, 2024 /PRNewswire/ -- Gen™ (NASDAQ: GEN), a global leader in consumer Cyber Safety with a family of brands including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner, today released the Q3/2024 Gen Threat Report.

Gen Q3 Threat Report: Millions Fooled by "Scam-Yourself Attacks"

Explore how Gen Digital's (GEN) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

International Markets and Gen Digital (GEN): A Deep Dive for Investors

Higher revenues, disciplined spending and cost synergies from the NortonLifeLock and Avast merger aided GEN's second-quarter earnings growth.

Gen Digital Q2 Earnings Meet Estimates: Will the Stock Move Upward?

While the top- and bottom-line numbers for Gen Digital (GEN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Gen Digital (GEN) Reports Q2 Earnings: What Key Metrics Have to Say

Gen Digital Inc. (NASDAQ:GEN ) Q2 2025 Earnings Call Transcript October 30, 2024 5:00 PM ET Company Participants Jason Starr - Head of IR Vincent Pilette - CEO Natalie Derse - CFO Conference Call Participants Andrew Nowinski - Wells Fargo Ryan Powderly - Barclays Peter Levine - Evercore Tomer Zilberman - Bank of America Hamza Fodderwala - Morgan Stanley Dan Bergstrom - RBC Operator Good afternoon, everyone. Thank you for standing by.

Gen Digital Inc. (GEN) Q2 2025 Earnings Call Transcript

Gen Digital (GEN) came out with quarterly earnings of $0.54 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.47 per share a year ago.

Gen Digital (GEN) Q2 Earnings Meet Estimates

Gen Digital on Wednesday forecast third-quarter revenue above Wall Street estimates, signaling robust demand from customers who prioritize spending on its cybersecurity products while adopting data-intensive GenAI tech.

Gen Digital forecasts strong Q3 revenue as GenAI adoption drives cybersecurity sales

Gen strengthens its annual guidance driven by strong bookings and customer count growth TEMPE, Ariz. & PRAGUE, Oct. 30, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, released its results for the second quarter fiscal year 2025, which ended September 27, 2024.

Gen Reports Second Quarter Fiscal Year 2025 Results

GEN's Q2 results are likely to reflect benefits from growing clientele, supported by a strong product portfolio despite macroeconomic headwinds.

Gen Digital to Report Q2 Earnings: What's in Store for the Stock?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Gen Digital (GEN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Insights Into Gen Digital (GEN) Q2: Wall Street Projections for Key Metrics

New Norton Survey Finds Younger Voters Under 35 Targeted Most with Fake Polls, Donation Scams and Disinformation TEMPE, Ariz., and PRAGUE , Oct. 17, 2024 /PRNewswire/ -- With less than three weeks left before Election Day in the U.S., new data reveals that over half of Americans (56%) have already been targeted by election-related scams.

Election Scams on the Rise: Over Half of Americans Targeted with Election Scams

TEMPE, Ariz. and PRAGUE , Oct. 8, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) today announced that its fiscal 2025 second quarter financial results will be released Wednesday, October 30, 2024, after market close.

Gen to Announce Fiscal 2025 Second Quarter Results on October 30, 2024

VeriSign

Given its better prospects, we believe VeriSign stock (NASDAQ: VRSN), which provides domain name registry services and internet infrastructure, is a better pick than its industry peer, Gen Digital stock (NASDAQ: GEN), best known for its cyber safety products, including Norton, Avast, and AVG. Investors have assigned a higher valuation multiple of 12x revenues for VeriSign compared to 4.5x revenues for Gen Digital due to VeriSign's superior profitability and solid financial position.

News for Gen Digital Inc Stock (GEN)