Welcome to our dedicated page for Gen Digital news (Ticker: GEN), a resource for investors and traders seeking the latest updates and insights on Gen Digital stock.
Gen Digital Inc. (NASDAQ: GEN) is a global leader in consumer cyber safety, offering a robust portfolio of security, identity protection, and privacy solutions through its renowned brands such as Norton, Avast, and LifeLock. With nearly 80 million users in over 150 countries, Gen is at the forefront of providing award-winning products and services that protect and empower people to live their digital lives safely.
Gen's core offerings include cybersecurity, online privacy, and identity protection solutions tailor-made for individual consumers. The company’s brands have long been recognized for their excellence in safeguarding personal information and ensuring online safety. Notably, the Avast One suite has recently expanded with the introduction of Avast One Silver, offering modular cybersecurity tailored to users' needs and preferences.
This innovation is a testament to Gen's commitment to evolving with the digital landscape, evident from its continuous product enhancements and the introduction of new features like Email Guardian and Privacy Advisor. Additionally, Gen has demonstrated a strong environmental commitment, partnering with organizations like Planet Water Foundation to provide clean drinking water to communities in need.
Gen's financial performance remains strong, with consistent growth in revenue, operating margins, and customer base. The company is also recognized for its best-in-class technology, validated by numerous awards from independent testing institutions such as AV-Comparatives and AV-Test. These accolades underscore Gen's dedication to maintaining high standards in cybersecurity and delivering innovative solutions to its users.
Furthermore, Gen is actively engaged in social impact initiatives, focusing on driving positive change through digital safety education, community support, and environmental sustainability. The company's efforts in these areas are detailed in its annual Social Impact Report, highlighting its commitment to creating a safer, more inclusive world.
For the latest news and developments, including financial results and earnings calls, visit Investor.GenDigital.com. Stay informed about Gen Digital Inc.'s ongoing projects and achievements as it continues to power Digital Freedom for millions worldwide.
Gen Digital Inc. (NASDAQ: GEN) announced the release of its fiscal 2023 fourth quarter and full-year financial results on May 11, 2023, after market close. Following the announcement, Gen management will hold a conference call at 2 p.m. PT / 5 p.m. ET. The company specializes in cybersecurity and privacy, serving over 500 million users globally with products under brands like Norton and Avast. Investors can access the conference call via a link on Gen's investor relations page.
On April 13, 2023, Gen (NASDAQ: GEN) announced that its products, Norton 360 and Avast Free Antivirus, received SE Labs' awards for Best Home Anti-Malware and Best Free Anti-Malware, respectively. These accolades underscore Gen's dedication to reliable cybersecurity solutions. Michal Pechoucek, the CTO, emphasized the importance of independent tests that validate product performance in real-world scenarios. SE Labs praised Norton and Avast for their consistent success in rigorous testing environments. With over 500 million users globally, Gen aims to enhance digital safety through its cybersecurity brands. The awards reflect both product excellence and the company's commitment to innovation in AI and machine learning.
The risk of encountering stalkerware on mobile devices has surged by 239% globally over the past three years, according to a report by Avast, a brand of Gen (NASDAQ: GEN). Stalkerware, a form of tech abuse, covertly tracks location and monitors smartphone activity. Avast's threat researchers found the number of people targeted rose from an average of 18 per 100,000 in 2020 to 61 per 100,000 in 2022. The rise in stalkerware poses serious safety concerns, as it is often installed secretly by abusive individuals. Avast continues to develop solutions to detect and block these invasive apps.
Gen (NASDAQ: GEN) has launched Avast One Platinum, a premium tier of its cybersecurity services, enhancing digital protection for users. This new offering integrates various features from Avast One Family, including identity theft protection, unlimited 24/7 tech support, and reimbursement coverage of up to $2 million for identity theft-related expenses. Avast One Platinum also includes features such as dark web monitoring, credit report monitoring from three bureaus, and lost wallet protection. Priced at $249.99 annually, it protects up to six family members across 30 devices and is available on multiple platforms.
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