Investor Contact Media Contact Fiscal 2025 Q1 Earnings Call August 1, 2024 2 p.m. PT / 5 p.m. ET Conference call dial-in and live webcast link available on Investor.GenDigital.com About Gen Gen™ (NASDAQ: GEN) is a global company dedicated to powering Digital Freedom through its trusted Cyber Safety brands, Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner. The Gen family of consumer brands is rooted in providing safety for the first digital generations. Now, Gen empowers people to live th ...

Gen Digital Inc. (NASDAQ:GEN) is a systems software company that offers a wide range of cybersecurity and antivirus products and services, including those from Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner, following the merger of NortonLifeLock and Avast in 2022. In our, previous analysis of GEN, we expected the merger between NortonLifeLock and Avast to create significant revenue and cost synergies as well as boost its market share in consumer security market to 42.6%. However, mar ...

BalkansCat/iStock Editorial via Getty Images This thesis aims to show that the upside should continue based on an update on how the acquisition has helped Gen Digital achieve revenue and cost synergies, while also highlighting how cross-selling and partnership strengths differentiate it from the competition. Also, considering that my earlier bullish position was short-lived Revenue Synergies Helped Boost Growth but also Cross-Selling Strength Chart prepared using data from (www.seekingalpha.com) This signif ...

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. GEN currently has a forward P/E r ...

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Company Overview - Gen Digital (GEN) has shown strong performance with an 8.8% year-to-date increase, outperforming the Zacks Business – Services sector's growth of 2.5% [1] - The company has demonstrated solid financial performance over the past four quarters, with non-GAAP earnings beating estimates in two quarters, matching in one, and missing in one, resulting in an average surprise of 0.52% [3] Financial Performance - In the fourth quarter of 2024, Gen Digital's revenues and earnings exceeded consensus estimates and improved year-over-year [3] - For full-year 2025, the company projects revenues between $3.89 billion and $3.93 billion, indicating a year-over-year growth of 3.6% at the midpoint, and non-GAAP earnings in the range of $2.17-$2.23 per share, implying a growth of 12% at the midpoint [4] - The Zacks Consensus Estimate for 2025 revenues is $3.91 billion, reflecting a year-over-year improvement of 2.3%, while non-GAAP earnings are estimated at $2.24 per share, indicating a 14.3% increase [5] Industry Trends - The consumer security market is projected to grow at a CAGR of 9% from 2024 to 2029, driven by the adoption of connected devices in developing nations [6] - Cybersecurity challenges related to identity management are prevalent, with 93% of organizations facing identity-related threats in the past two years, highlighting the demand for Gen Digital's identity protection products [7] Market Position and Product Offerings - Gen Digital targets small and medium businesses (SMBs) and is expanding its market share through solutions like Norton Anti-virus software [9] - The company has a diverse brand portfolio, including Norton, Avast, Avira, AVG, and CCleaner, which provides revenue diversification and stability [11] - Gen Digital has acquired 500 million users across more than 150 countries, showcasing its extensive market reach [12] Conclusion - Gen Digital is considered a strong investment choice due to its robust market position, steady revenue growth, product diversity, and favorable industry trends [13]

Core Viewpoint - The article highlights underappreciated cybersecurity stocks that are currently undervalued relative to their financial metrics, suggesting they present potential investment opportunities as the demand for cybersecurity solutions continues to grow due to increasing online threats [1]. Group 1: Rapid7 (RPD) - Rapid7 is based in Boston, Massachusetts, and provides cybersecurity solutions under brands like Nexpos and Metasploit, focusing on endpoint-to-cloud data collection and monitoring [3]. - RPD stock trades at a forward earnings multiple of 17.69X, which is lower than the sector median of 24.3X, with analysts predicting earnings per share (EPS) to reach $2.19 by the end of the fiscal year, a recovery from last year's loss of $2.46 per share [4]. - Projected sales for Rapid7 could hit $841.86 million, reflecting an 8.25% increase from last year's $777.71 million, with an optimistic target of EPS at $2.50 on sales of $882.4 million [5]. Group 2: Gen Digital (GEN) - Gen Digital, headquartered in Tempe, Arizona, offers cyber safety solutions under well-known brands like Norton and Avast, and has been in operation since 1982 [7]. - The company has a forward earnings multiple of only 10.62X, significantly below the sector median of 24.3X, with analysts forecasting EPS to rise to $2.22, a substantial increase from last year's 96 cents per share [9]. - Revenue for Gen Digital is expected to grow nearly 4% to reach $3.95 billion in 2024, with a historical growth rate of 9.4% over the past five years [10]. Group 3: Tenable (TENB) - Tenable, located in Columbia, Maryland, provides cyber exposure solutions and offers a cloud-delivered Vulnerability Management solution [12]. - TENB stock is currently undervalued, trading at a price/earnings-to-growth (PEG) ratio of 1.21X compared to the sector median of 1.61X, indicating potential for growth [13]. - Analysts predict EPS will reach $1.12 by year-end, a significant turnaround from last year's loss of 68 cents per share, with revenue projected to be $922.72 million, up 15.53% from $798.71 million in 2023 [14].

Investors with an interest in Technology Services stocks have likely encountered both Gen Digital (GEN) and Trane Technologies (TT) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and o ...

Core Insights - Gen™ released its fiscal year 2024 Social Impact Report, highlighting its commitment to community support, digital safety, and environmental protection [1][4] - The report emphasizes the importance of long-term impacts on communities and the role of global partnerships in promoting digital safety [2][3] Social Impact Strategy - Gen's strategy focuses on investing in digital safety for families, youth, educators, and vulnerable populations while promoting inclusion in the cybersecurity industry, particularly for women [2][3] - The company aims to create accessible opportunities for employees to engage in community service and social change [3] Key Achievements - Gen reached over 5 million people through Cyber Safety education and training programs [7] - The company contributed more than $6 million in charitable giving and completed over 1,000 projects through its Sustainable Home Improvement Program [7] - 34% of the global workforce, 40% of the Board of Directors, and 45% of new hires in 2024 identified as women [7] - Gen achieved a 22% reduction in Scope 1 and 2 greenhouse gas emissions [7] - The company received multiple awards, including recognition as one of Newsweek's Most Responsible Companies and being listed on the Dow Jones Sustainability North America Index [7]