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Gen Digital Inc. - GEN STOCK NEWS

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.

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Gen, a global company, organized its first Global Volunteer Week, where more than 500 team members from ten countries dedicated over 1,300 volunteer hours to support 33 nonprofits worldwide. The week included activities like creating digital literacy materials, mentoring students, assembling care packages, planting trees, cleaning up neighborhoods, and supporting vulnerable communities.

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In celebration of Earth Month 2024, Gen highlights the success of its Sustainable Home Improvement Program (SHIP) over the past two years. The program offers team members grants up to $500 for eco-friendly home projects, resulting in over 1,800 funded initiatives. Employees have utilized the grants for projects like upgrading appliances, planting trees, and installing solar panels, contributing to environmental sustainability. Additionally, the TERRA employee resource group organizes events to promote sustainability, attracting over 70 members globally.

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A new study from Norton reveals that 64% of online daters are interested in using AI as a dating coach. The report highlights the growing trend of incorporating AI into online dating, with a focus on safety concerns related to dating scams and catfishing. The average online dater spends six hours a week and $300 throughout their lifetime on dating apps. While AI presents opportunities for enhancing the online dating experience, it also raises concerns about the increasing prevalence of romance scams, with a 72% rise since 2023. Norton emphasizes the importance of staying vigilant and offers AI-powered scam detection tools to help users navigate the online dating landscape safely.
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Gen Digital Inc. (GEN) will announce its fiscal 2024 fourth quarter and full-year financial results on May 9, 2024, after market close. A conference call and webcast will follow at 2 p.m. PT / 5 p.m. ET.
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Gen (GEN) receives recognition from AV-Comparatives and AV-Test for top cybersecurity products across Norton, Avast, AVG, and Avira. The awards highlight the company's best-in-class technology and commitment to Cyber Safety.
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Gen partners with Planet Water Foundation to provide clean drinking water to rural communities in India, showcasing their commitment to environmental sustainability and community engagement.
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Avast introduces Avast One Silver, a modular cyber security solution offering personalized protection and performance features. It bridges the gap between basic and premium tiers, allowing users to customize their online security based on their needs and preferences.
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Gen team members volunteer for World Water Day by partnering with Planet Water Foundation to provide clean water to rural communities in India. The project includes constructing a new AquaTower at a school in Gummipoondi, benefiting over 330 students and 2,000 residents. This initiative addresses water scarcity issues in India and promotes community health and education.
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Gen focuses on diversity and inclusion with a four-pillar DEI strategy, achieving success in creating inclusive teams. Fiscal Year 2023 results show progress in gender and minority representation. Gen recognized as one of America's Greatest Workplaces for Women and Diversity. Internal efforts include employee resource groups and external collaborations with nonprofits to promote diversity and inclusion.
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Gen Gen focuses on building a more inclusive future by celebrating International Women's Day and Women's History Month, emphasizing diversity, equity, and inclusion.
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FAQ

What is the current stock price of Gen Digital (GEN)?

The current stock price of Gen Digital (GEN) is $27.83 as of December 20, 2024.

What is the market cap of Gen Digital (GEN)?

The market cap of Gen Digital (GEN) is approximately 16.9B.

What does Gen Digital Inc. do?

Gen Digital Inc. offers cybersecurity, identity protection, and privacy solutions for individual consumers through brands like Norton, Avast, and LifeLock.

What recent products has Gen introduced?

Gen recently introduced Avast One Silver, a new modular tier in the Avast One suite, enabling users to tailor their cybersecurity needs.

How many users does Gen serve?

Gen serves nearly 80 million users across more than 150 countries.

What are some of Gen's core brands?

Core brands include Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner.

What awards has Gen received?

Gen has received multiple awards from institutions like AV-Comparatives and AV-Test for its cybersecurity solutions.

How is Gen contributing to environmental sustainability?

Gen partners with Planet Water Foundation to provide clean drinking water to rural communities and engages in various environmental sustainability initiatives.

Where can I find Gen's latest financial reports?

Gen's latest financial reports and earnings calls can be found on their investor relations website at Investor.GenDigital.com.

What social impact initiatives is Gen involved in?

Gen focuses on digital safety education, community support, and environmental sustainability, as detailed in its annual Social Impact Report.

What platforms are Gen's products available on?

Gen's products are available on Windows, Mac, Android, and iOS platforms.

How does Gen ensure the effectiveness of its cybersecurity products?

Gen's products undergo rigorous evaluations by independent testing institutions to ensure they provide top-tier protection against cyber threats.

Gen Digital Inc.

Nasdaq:GEN

GEN Rankings

GEN Stock Data

16.89B
559.25M
9.24%
86.75%
1.93%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
TEMPE