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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 (NASDAQ: GEN) predicts a surge in cybercrime in 2024 due to advancements in AI, leading to highly personalized threats for individuals and small businesses. The company emphasizes the need for vigilance against deepfakes, social engineering, digital blackmail, and spyware apps delivered through believable ads or direct messages.
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Gen Celebrates the Holiday Season With Donations, Service Projects, and More | Gen | G
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Gen™ (NASDAQ: GEN) - Avast Threat Report Reveals 50% Surge in AI-Supported Scams and Malvertising
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GEN (NASDAQ: GEN) - Seekr and Norton partner to launch Seekr Secure Browser, combining AI-driven content evaluation with Norton's privacy and security services. The browser includes ad and tracker blocker, anti-phishing and malware detection, VPN, and automatic HTTPS protection. Norton's browser security features are integrated, ensuring a trustworthy internet experience.
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Gen - Norton donates 5,000 licenses to help protect survivors of domestic abuse. Norton, a part of Gen, is donating up to 5,000 free product licenses to survivors of domestic violence to help them recover from financial or technological abuse. The National Network to End Domestic Violence (NNEDV) collaborated on the new pilot program. The program aims to provide survivors with the information and tools to help them lead their online lives safely and confidently.
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Norton (NASDAQ: GEN) Declares Cyber Safety Sunday to Combat Holiday Shopping Scams: Norton, a consumer Cyber Safety brand of Gen™, has declared the third Sunday in November as Cyber Safety Sunday, encouraging holiday shoppers to prepare themselves and their devices for safe online shopping experiences ahead of Cyber Week, a period during which 42% of people plan to do the majority of their holiday shopping. Norton shares top tips to avoid falling victim to holiday scams, including using trusted retail sites, differentiating passwords, setting account alerts, planning package deliveries, and using device protection software and apps.
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Gen Digital Inc. (NASDAQ: GEN) released its Q2 results for fiscal year 2024, showcasing a 27% YoY increase in GAAP revenue, a $0.23 GAAP diluted EPS, and a $125 million operating cash flow. Non-GAAP highlights include $948 million revenue, 28% increase in bookings, and $0.47 diluted EPS. The company also provided Q3 FY24 and FY24 non-GAAP annual guidance, along with announcing a regular quarterly cash dividend of $0.125 per common share.
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A new global consumer survey by Norton reveals that online shopping scam victims lost an average of $1500 during the holiday season. The survey also found that half of the consumers targeted by holiday scams fell victim. With 98% of consumers planning to do some of their holiday shopping online, 56% are still worried about online safety.
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Gen celebrates Cybersecurity Awareness Month and highlights career training programs that help women land jobs in IT and cybersecurity
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Norton introduces new features for Norton Password Manager and Norton AntiTrack to enhance online privacy and password security.
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FAQ

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

The current stock price of Gen Digital (GEN) is $29.81 as of November 21, 2024.

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

The market cap of Gen Digital (GEN) is approximately 18.4B.

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

18.44B
559.19M
9.25%
86.59%
2.37%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
TEMPE