Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
23 June 1989Website:
http://www.gendigital.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
regular market | 2 min agoDividend
Analysts recommendations
Institutional Ownership
GEN Latest News
Norton Small Business Premium helps keep business data, online activities, and finances safe from modern cyberthreats and includes 24/7 IT support TEMPE, Ariz. and PRAGUE , Nov. 21, 2024 /PRNewswire/ -- Norton, a leading Cyber Safety brand of Gen™ (NASDAQ: GEN), has launched the new Norton Small Business Premium, an all-in-one, easy-to-use cybersecurity plan specifically designed for entrepreneurs and small businesses.
In the second quarter, GEN's earnings increased due to higher revenues, careful spending, and cost savings from the merger between NortonLifeLock and Avast.
The financial results for Gen Digital (GEN) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Gen Digital (GEN) reported quarterly earnings of $0.54 per share, matching the Zacks Consensus Estimate. This is an increase compared to earnings of $0.47 per share from the same period last year.
GEN's Q2 results are expected to show positive effects from an increasing number of clients, backed by a solid range of products, even with challenges in the economy.
TEMPE, Ariz. and PRAGUE, Oct. 8, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) has announced that it will share its financial results for the second quarter of fiscal 2025 on Wednesday, October 30, 2024, after the market closes.
The opening of this restaurant is GEN's fourth in Hawaii and increases the total number of locations to 41 across the country. This expansion highlights the company's growth in the national market.
GEN Restaurant Group, which recently went public, runs 40 Korean BBQ restaurants and offers unique value and notable menu discounts compared to its competitors. The management focuses on quickly generating cash and expanding rather than on traditional measures like same-store sales, which might influence how investors feel and the company's valuation. With a strong cash flow and efficient cost management, GENK aims to grow to 250 locations without taking on debt.
On September 19, 2024, in Washington, it was announced that AARP members can take advantage of improved personal security, safety, and travel deals from current benefit providers like LifeLock™ by Norton, Tempo by Hilton, and Spark by Hilton.
The share price increased by more than 60% in under a year, thanks to a rise in customer numbers, high retention, and better operating profits and margins. Even with challenges like $8.5 billion in long-term debt and possible integration issues, the Q1 FY25 results showed a 2% year-on-year revenue growth and a 16% increase in GAAP operating income. These strong fundamentals and positive growth trends back up my Buy recommendation.
What type of business is Gen Digital?
Gen Digital Inc. engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats. It also provides identity protection solutions, including LifeLock Identity Theft Protection, Avast and AVG Secure Identity, Norton Identity Theft Protection, and Dark Web Monitoring for monitoring of credit reports, financial accounts, the dark web, and social media accounts to help safeguard customers' personal information. In addition, the company offers Virtual Private Network (VPN) solutions under Norton, Avast and AVG brands to enhance security and online privacy that allows customers to securely transmit and access private information, such as passwords, bank details, and credit card numbers, when using public Wi-Fi on PCs, Macs, and mobile iOS and Android devices; AntiTrack and Secure Browser products which helps to keep personal information and browsing activity anonymous while browsing online; and Privacy Monitor Assistant and BreachGuard products for removing customers' data from public data broker sites; and ReputationDefender, a white glove service that helps customers manage all aspects of their personal branding online, including search results, social media sites, and overall web presence. It markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. The company was formerly known as NortonLifeLock Inc. and changed its name to Gen Digital Inc. in November 2022. Gen Digital Inc. was founded in 1982 and is headquartered in Tempe, Arizona.
What sector is Gen Digital in?
Gen Digital is in the Technology sector
What industry is Gen Digital in?
Gen Digital is in the Software Infrastructure industry
What country is Gen Digital from?
Gen Digital is headquartered in United States
When did Gen Digital go public?
Gen Digital initial public offering (IPO) was on 23 June 1989
What is Gen Digital website?
https://www.gendigital.com
Is Gen Digital in the S&P 500?
Yes, Gen Digital is included in the S&P 500 index
Is Gen Digital in the NASDAQ 100?
No, Gen Digital is not included in the NASDAQ 100 index
Is Gen Digital in the Dow Jones?
No, Gen Digital is not included in the Dow Jones index
When was Gen Digital the previous earnings report?
No data
When does Gen Digital earnings report?
Next earnings report date is not announced yet