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Avast Blocks Record Breaking 10 Billion Attacks in 2023, Nearly a 50% Increase from Previous Year
Prnewswire· 2024-02-07 14:00
Malicious push notifications, PDF deception, cookie exploiting information stealers and more in Q4 2023TEMPE, Ariz. and PRAGUE, Feb. 7, 2024 /PRNewswire/ -- Avast, a leader in digital security and privacy and brand of Gen™ (NASDAQ: GEN), blocked an unprecedented 10 billion attacks in 2023 for a remarkable 49% increase year-over-year. According to the latest quarterly Avast Threat Report, which looks at the threat landscape from October-December 2023, scams, phishing and malvertising continue to account for ...
Gen Digital (GEN) Loses -7.48% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Zacks Investment Research· 2024-02-06 15:39
Gen Digital (GEN) has been beaten down lately with too much selling pressure. While the stock has lost 7.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that me ...
Gen Digital (GEN) - 2024 Q3 - Quarterly Report
2024-02-04 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 29, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number 000-17781 Gen Digital Inc. (Exact name of the registrant as specified in its charter) | Delaware | | | | 77-0181864 | | --- | --- ...
Why Gen Digital Stock Plummeted Today
The Motley Fool· 2024-02-02 23:42
Gen Digital (GEN -11.25%) stock lost substantial ground in Friday's trading. The company's share price closed out the daily session down 11.2%, according to data from S&P Global Market Intelligence.Gen Digital published results yesterday for the third quarter of its current fiscal year, a period that concluded on Dec. 29, 2023. Performance for the quarter came in below the market's expectations, and the company issued guidance that fell short of Wall Street's targets.Gen Digital's recent quarterly results m ...
Gen Digital (GEN) Q3 Earnings & Revenues Miss, Stock Falls 15%
Zacks Investment Research· 2024-02-02 18:31
Gen Digital’s (GEN) shares declined 15% after it reported third-quarter fiscal 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. However, the bottom and top lines marked year-over-year improvements.Gen Digital was formerly known as NortonLifeLock Inc. and was trading under the NLOK ticker symbol. NortonLifeLock changed its name and ticker symbol, effective from Nov 8, 2022, following the merger of NortonLifeLock and Avast Plc. The newly named company unites trusted consumer sa ...
Here's What Key Metrics Tell Us About Gen Digital (GEN) Q3 Earnings
Zacks Investment Research· 2024-02-02 01:01
Gen Digital (GEN) reported $953 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.8%. EPS of $0.49 for the same period compares to $0.45 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $955.8 million, representing a surprise of -0.29%. The company delivered an EPS surprise of -2.00%, with the consensus EPS estimate being $0.50.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Gen Digital (GEN) - 2024 Q3 - Earnings Call Transcript
2024-02-02 00:26
Gen Digital Inc. (NASDAQ:GEN) Q3 2024 Earnings Conference Call February 1, 2024 5:00 PM ET Company Participants Jason Starr - Head of Investor Relations Vincent Pilette - Chief Executive Officer Natalie Derse - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Hamza Fodderwala - Morgan Stanley Peter Levine - Evercore Matt Hedberg - RBC Jonathan Eisenson - Bank of America Operator Good afternoon, everyone. Thank you for standing by. My name is Victoria, and I will be your conference ...
Gen Digital (GEN) Q3 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-02-01 23:21
Gen Digital (GEN) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2%. A quarter ago, it was expected that this security software maker would post earnings of $0.47 per share when it actually produced earnings of $0.47, delivering no surprise.Over the last four quarters, the company h ...
Gen Digital (GEN) - 2024 Q3 - Earnings Call Presentation
2024-02-01 22:27
Copyright © 2024 Gen Digital Inc. All rights reserved. 14 Q4 FY24 and FY24 Non-GAAP Guidance REVENUE $960M - $970M EPS $0.52 - $0.54 REVENUE $3.805B - $3.815B EPS $1.95 - $1.97 Q4 FY24 FY24 Key Assumptions • Revenue low single digit growth • Stable SOFR rates and currency • Free cash flow generated in Q4 to be deployed for debt paydown and share buyback • Net Leverage at / below 3.5x Go Forward Capital Structure | --- | --- | --- | --- | |------------------------------------------------|-------------------- ...
ReputationDefender Releases Total Radius to Help Protect People From Physical and Online Threats
Prnewswire· 2024-01-31 14:00
Total Radius is an all-in-one, AI-powered platform for reputation monitoring and privacy protection that helps resolve existing threats and prevent emerging ones TEMPE, Ariz., and PRAGUE, Jan. 31, 2024 /PRNewswire/ -- ReputationDefender, a leading digital privacy and online reputation brand of Gen™ (NASDAQ: GEN), has launched Total Radius, a first-to-market, AI-powered protection service to help public-facing individuals control their online presence and reduce the likelihood of physical safety threats aris ...