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Gen to Announce Fiscal 2025 Fourth Quarter and Full-Year Results on May 6, 2025
Prnewswire· 2025-04-08 20:05
TEMPE, Ariz. and PRAGUE, April 8, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) today announced that its fiscal year 2025 fourth quarter and full-year financial results will be released Tuesday, May 6, 2025, after market close. Following the press release, Gen management will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET.Fiscal 2025 Q4 and Full-Year Earnings CallMay 6, 20252 p.m. PT / 5 p.m. ETConference call dial-in and live webcast link available on Investor.GenDigital.com About GenGen ...
Gen Brands Norton, Avast, AVG and Avira Earn 16 Award Recognitions Across Third-Party Testing Institutions AV-Comparatives, AV-Test, and AVLab
Prnewswire· 2025-04-03 13:00
Core Insights - Gen has been recognized for its cybersecurity products, receiving 16 awards from independent testing institutions AV-Comparatives, AV-Test, and AVLab, highlighting its commitment to digital safety [1][2][4] Group 1: Awards and Recognition - Gen's brands, including Norton, Avast, AVG, and Avira, received multiple awards for their cybersecurity solutions, with Avast and AVG being named 'top rated products' and awarded Gold for Real World Protection [2][3] - Norton, Avast, and AVG were recognized as the Best MacOS Security for home users by AV-Test, showcasing their effectiveness in protecting users on different platforms [3] Group 2: Technology and Innovation - The recognition from independent labs underscores the advanced machine learning and AI capabilities that power Gen's cybersecurity products, ensuring they adapt to the rapidly changing threat landscape [1][2] - The testing process evaluates real-world protection, malware defense, and overall performance, indicating that Gen's products meet high standards for security performance [4] Group 3: Company Overview - Gen is a global leader in Cyber Safety, providing trusted brands and services to nearly 500 million users in over 150 countries, emphasizing its role in empowering digital freedom [4]
Sextortion Scams Become More Threatening in 2025
Prnewswire· 2025-03-25 13:00
Core Insights - The risk of sextortion scams in the U.S. has increased by 137% in 2025, driven by AI-powered attacks and data breaches [1] - Cybercriminals are utilizing advanced tactics, including AI-generated deepfake images and personal data from breaches, to create more convincing scams [3][5] - Avast emphasizes the importance of proactive measures to combat sextortion, advising individuals to avoid engaging with scammers and to enhance their digital security [6][8] Group 1: Sextortion Scams - Sextortion scams are becoming more prevalent and threatening, with victims receiving messages that claim access to private videos and images [2] - The credibility of these scams is heightened by the use of stolen passwords from previous data breaches [2] - Criminals are leveraging personal data from the Dark Web to craft targeted and invasive emails, often including fabricated footage and unsettling information [5] Group 2: AI and Cybercriminal Tactics - AI is being used to create deepfake images and generate explicit content that can be used for extortion [3] - New tactics include using Google Maps to intimidate victims by providing real-time location data [4] - Avast has identified over 15,000 unique Bitcoin wallets linked to these scams, indicating a potentially larger operation [5] Group 3: Recommendations for Protection - Avast advises against paying ransom demands or responding to threats, emphasizing the need to report such incidents to cybercrime units [8] - Recommendations include using a reputable password manager, enabling multi-factor authentication, and monitoring personal data for breaches [8] - Public awareness and vigilance are critical in combating the growing threat of sextortion scams [6]
Why Gen Digital (GEN) is a Top Value Stock for the Long-Term
ZACKS· 2025-03-24 14:40
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four main types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score identifies undervalued stocks using financial ratios [3] - Growth Score assesses a company's financial health and future growth potential [4] - Momentum Score capitalizes on existing price trends and earnings outlook [5] - VGM Score combines the strengths of Value, Growth, and Momentum Scores for a comprehensive evaluation [6] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in stock selection [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, with an average annual return of +25.41% since 1988 [8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal investment potential [9] Stock Highlight: Gen Digital - Gen Digital is a prominent player in the cybersecurity sector, known for brands like Norton Anti-Virus [11] - Currently rated 3 (Hold) by Zacks, Gen Digital has a VGM Score of B and a Value Style Score of B, indicating attractive valuation metrics [11] - The company’s forward P/E ratio stands at 12.3, making it appealing to value investors [11] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate increasing by $0.02 to $2.21 per share [12] - Gen Digital has an average earnings surprise of 0.9%, suggesting a solid performance outlook [12]
GEN Restaurant Group: Despite The Rally, It's Still One Of The Cheapest FSRs Out There
Seeking Alpha· 2025-03-10 15:22
Core Viewpoint - GEN Restaurant Group (NASDAQ: GENK) is identified as one of the most discounted restaurant stocks in the market, suggesting potential investment opportunities based on its current valuation [1]. Company Analysis - The company operates within the restaurant sector, which includes various segments such as QSR (Quick Service Restaurants), fast casual, casual dining, fine dining, and family dining [1]. - Advanced analytical models and specialized valuation techniques are employed to provide insights and strategies for investors [1]. Industry Context - The analysis is part of a broader focus on restaurant stocks in the U.S. market, indicating a comprehensive approach to understanding market dynamics and investment potential [1].
Norton Launches Enhanced AI-Powered Scam Protection Across Cyber Safety Lineup
Prnewswire· 2025-02-19 20:00
Core Insights - Norton has launched Genie Scam Protection and Genie Scam Protection Pro, which utilize advanced AI to detect scams across various platforms including texts, phone calls, emails, and web [1][2][3] - The AI technology in Norton Genie continuously learns from user interactions, enhancing its effectiveness in identifying potential scams [2][3] - The new scam protection features are included at no extra cost in various Norton Cyber Safety products, providing proactive defense against scams [3][4] Product Features - Genie Scam Protection includes features such as Safe SMS, Safe Web, Scam Assistant, Norton Private Browser, Safe Call, and Safe Email, all designed to detect and block scams [6] - Safe SMS analyzes the meaning of words in text messages to identify sophisticated scams, while Safe Web offers protection during online shopping and browsing [6] - Scam Support and Reimbursement services assist users in recovering lost funds due to scams, enhancing customer confidence in using Norton products [6] Market Position - Norton is recognized as a leader in AI-powered scam detection, continuously innovating to stay ahead of evolving scam tactics [2][3][5] - The company aims to integrate additional technologies, such as deepfake detection, into its products to further enhance user protection [5] - Norton is part of Gen Digital, a global company focused on providing digital safety solutions, and is committed to empowering users with trusted protection [8]
Genmab to Participate in a Fireside Chat at the 45th Annual TD Cowen Health Care Conference
GlobeNewswire· 2025-02-19 14:14
Company Overview - Genmab A/S is an international biotechnology company focused on improving patient lives through innovative antibody therapeutics [2][3] - Established in 1999 and headquartered in Copenhagen, Denmark, Genmab has a global presence in North America, Europe, and Asia Pacific [3] Product Pipeline and Vision - Genmab has developed a proprietary pipeline that includes bispecific T-cell engagers, antibody-drug conjugates, next-generation immune checkpoint modulators, and effector function-enhanced antibodies [2] - The company's vision by 2030 is to transform the lives of patients with cancer and other serious diseases through groundbreaking antibody medicines, referred to as "knock-your-socks-off" (KYSO) therapies [2] Upcoming Events - Genmab's Chief Financial Officer Anthony Pagano and Chief Development Officer Judith Klimovsky will participate in a fireside chat at the 45th Annual TD Cowen Health Care Conference on March 3, 2025 [1]
Gen Announces Pricing of $950,000,000 of Senior Notes
Prnewswire· 2025-02-13 22:31
Core Viewpoint - Gen Digital Inc. has announced the pricing of $950 million in senior notes with a 6.25% interest rate, due in 2033, as part of a private offering exempt from registration under the Securities Act [1][2]. Group 1: Offering Details - The offering of the senior notes is expected to close on February 13, 2025, pending customary closing conditions [2]. - The net proceeds from this offering will be used to repurchase all outstanding 5.00% Senior Notes due 2025 and to pay accrued and unpaid interest on those notes [2]. Group 2: Regulatory Compliance - The notes are being offered only to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S, and they will not be registered under the Securities Act [3]. - The offering does not constitute an offer to sell or a solicitation to buy any security in jurisdictions where such actions would be unlawful [4]. Group 3: Company Overview - Gen Digital Inc. is a global leader in cybersecurity and digital safety, providing services through brands like Norton, Avast, and LifeLock, serving nearly 500 million users across more than 150 countries [5].
Gen Announces Proposed Offering of Senior Notes
Prnewswire· 2025-02-13 14:10
Core Viewpoint - Gen Digital Inc. is proposing to sell $1,100 million in senior notes due 2033 to repurchase existing senior notes and for general corporate purposes [1][2]. Company Overview - Gen Digital Inc. is a global leader in digital safety, offering a range of consumer brands including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner [5]. - The company aims to empower nearly 500 million users across more than 150 countries to live their digital lives safely and confidently [5]. Notes Offering Details - The proposed offering consists of senior notes that will not be registered under the Securities Act and will be offered only to qualified institutional buyers and non-U.S. investors [3]. - The net proceeds from the notes offering will be used to repurchase all outstanding 5.00% Senior Notes due 2025 and for general corporate purposes [2]. Regulatory Compliance - The offering is exempt from the registration requirements of the Securities Act, and the notes may not be offered or sold in the United States without registration or an applicable exemption [3][4].
Gen Q4 Threat Report: 321 Threats Blocked Per Second as Social Media Becomes a Playground for Scammers
Prnewswire· 2025-02-13 14:00
Core Insights - The Q4/2024 Gen Threat Report indicates a record-breaking year for cyber threats, with 2.55 billion threats blocked in the last quarter alone, averaging 321 threats every second [1][2] - Social engineering attacks accounted for 86% of all blocked threats, highlighting the advanced psychological tactics employed by cybercriminals [1][2] - The report anticipates an increase in risks in 2025 due to the rise of AI-powered systems and devices, which are expected to be the next frontier for cybercrime [2] Cyber Threat Landscape - Phishing attacks rose by 14% in Q4/2024, with scammers exploiting platforms like Wix and spoofing brands such as Apple iCloud [3] - Malvertising was responsible for 41% of all blocked attacks in the quarter, indicating its prevalence as a method for delivering scams and malware [3] - Social media platforms, particularly Facebook, were identified as prime grounds for scams, with Facebook accounting for 56% of total identified threats [4] Financial Scams - The last quarter of 2024 marked the most active period for financial scams, with mobile phones being a primary attack vector [6] - Deceptive online ads (malvertising) accounted for 27% of scams, followed by fake e-shops at 23% and phishing at 18% [6] Notable Scams - The CryptoCore group executed the largest deepfake crypto scam, stealing over $7 million by hijacking YouTube accounts and using deepfake videos [7] - New mobile banking trojans emerged, with infections of the BankBot banker rising by 236% compared to Q3/2024 [7] Personal Data Risks - Personal data loss remains a significant risk, with a 130% increase in attacks targeting individuals, totaling 4.2 million blocked attacks in Q4 [9] - Ransomware incidents saw a 50% increase in Q4, indicating a growing threat to both organizations and individuals [10] Company Initiatives - To combat these threats, Gen introduced a Clipboard Protection feature across its brands, aimed at blocking clipboard-based threats [10] - Gen operates a family of trusted Cyber Safety brands, providing cybersecurity, online privacy, and identity protection to nearly 500 million users globally [11]