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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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GenGen Blog's summer interns contribute to social impact and gain valuable experience at Gen
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GenGen Blog supports initiatives to address gender gap in tech industry in India
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Less than half of families surveyed trust school tech policies and security measures, according to a press release by Norton. While 70% of parents believe they know enough to keep their families safe online, nearly a third do not think schools are doing enough to educate and protect children from online threats. Norton released expert tips to help families have a safe return to the classroom, including securing devices, understanding school tech policies, checking privacy settings in school communication apps, familiarizing with phishing threats, and talking to kids about online safety.
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GenGen Blog, a trusted Cyber Safety brand, has expanded its partnership with The National Network to End Domestic Violence (NNEDV) to address tech-facilitated abuse. They have pledged a $100,000 grant for 2022-2024 to support NNEDV's initiatives and create new Cyber Safety resources. One of the outputs is a new resource called 'Securing Devices and Accounts' to help survivors increase their privacy and security. In addition, there will be another resource focused on financial abuse and technology-facilitated abuse. GenGen is a global company dedicated to powering Digital Freedom with trusted consumer brands like Norton, Avast, and Avira.
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Norton, a leader in consumer Cyber Safety, has collaborated with National PTA to teach Cyber Safety skills to children and caregivers across America. They have launched a free tool called The Smart Talk, which facilitates open and positive conversations about online safety within families.
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Gen Digital Inc. reports strong Q1 results with $946 million in revenue, up 34% YoY. Q2 FY24 revenue expected to be $940-$950 million. FY24 revenue expected to be $3.8-$3.85 billion. Quarterly cash dividend of $0.125 per common share approved. Earnings call on August 3.
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Gen releases its 2023 Social Impact Report, highlighting its commitment to social impact and Cyber Safety. The report showcases achievements such as reaching 2.8 million people through education programs, contributing $5.3 million to nonprofits, and receiving various social impact awards.
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Norton, a leader in Cyber Safety, is offering early access to Norton Genie, a real-time AI-powered scam detector. Genie is designed to help people stay safe online by checking if texts, emails, websites, and social media posts are scams. It combines Norton expertise with advanced AI to provide immediate guidance on potential scams. Norton Genie is constantly improving to stay ahead of evolving scams.
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FAQ

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

The current stock price of Gen Digital (GEN) is $30.19 as of November 22, 2024.

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

The market cap of Gen Digital (GEN) is approximately 18.5B.

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

18.54B
559.19M
9.25%
86.59%
2.37%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
TEMPE