Gen Digital (GEN)

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Gen Digital (GEN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-04-29 15:07
Company Overview - Gen Digital (GEN) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.58, reflecting a +9.4% change, and revenues of $998.02 million, up 3.2% from the previous year [3][10] - The earnings report is scheduled for May 6, 2025, and the actual results will significantly influence the stock price depending on whether they meet or exceed expectations [2][10] Earnings Estimates and Trends - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from analysts [4] - The Most Accurate Estimate for Gen Digital is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.16%, suggesting a bearish sentiment among analysts [10][11] Earnings Surprise History - In the last reported quarter, Gen Digital had an EPS expectation of $0.55 but delivered $0.56, resulting in a surprise of +1.82% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Comparison - In the Zacks Technology Services industry, V2X (VVX) is expected to post earnings of $0.92 per share, indicating a +2.2% year-over-year change, with revenues projected at $1.03 billion, up 2% [17] - V2X has an Earnings ESP of 1.53% and a Zacks Rank of 3 (Hold), suggesting a higher likelihood of beating the consensus EPS estimate [18]
Bringing clarity and precision to the cell-free space by introducing exozymes
GlobeNewswire News Room· 2025-04-21 20:10
Core Insights - eXoZymes Inc. is featured as the cover story in GEN Biotechnology, highlighting its pioneering role in AI-engineered enzymes for sustainable biomanufacturing [1][4] - The introduction of the term 'exozymes' aims to clarify the concept of cell-free biomanufacturing, distinguishing it from other cell-free technologies [2][6] Company Overview - Founded in 2019, eXoZymes has developed a biomanufacturing platform that utilizes advanced enzymes to produce essential chemicals sustainably [7] - The company focuses on replacing traditional chemical production methods with eco-friendly alternatives through the use of exozymes [8] Scientific Contributions - The Perspective paper titled "Exozymes for Biomanufacturing" provides a scientific definition of exozymes, addressing misconceptions in the field and advocating for new terminology [2][5] - Co-authors of the paper include researchers from prestigious institutions, indicating a collaborative effort to advance the understanding of cell-free biomanufacturing [5] Technological Innovation - Exozymes are enhanced enzymes that operate outside of living cells, enabling scalable and sustainable biosolutions for chemical production [8][9] - The technology aims to eliminate scaling bottlenecks in synthetic biology, positioning exozymes as a next-generation solution in biomanufacturing [9] Industry Impact - The introduction of exozymes is seen as a significant advancement in biotechnology, with potential implications for drug development and industrial applications [3][6] - The company emphasizes the importance of a common language in the scientific community to foster innovation and collaboration in biomanufacturing [6]
Gen Completes Acquisition of MoneyLion, Accelerating the Company's Leadership in Financial Wellness
Prnewswire· 2025-04-17 13:00
Core Insights - Gen Digital Inc. has successfully completed the acquisition of MoneyLion Inc., enhancing its leadership in financial wellness and empowering consumers to manage their digital and financial lives [1] - The acquisition was valued at approximately $1 billion, with Gen acquiring MoneyLion at $82.00 per share in cash, along with contingent value rights for shareholders [1] Company Overview - Gen Digital Inc. is a global leader focused on Digital Freedom through its consumer brands, including Norton, Avast, LifeLock, and MoneyLion, providing financial empowerment and cyber safety [3] - The company serves nearly 500 million users across more than 150 countries, offering award-winning products in cybersecurity, online privacy, identity protection, and financial wellness [3] Strategic Implications - The acquisition of MoneyLion is expected to accelerate Gen's position in redefining financial empowerment in a digital-first world, combining Gen's expertise in consumer cyber safety with MoneyLion's financial ecosystem [1] - The deal includes a contingent value right (CVR) that allows MoneyLion shareholders to receive additional payments in Gen common stock based on specific performance metrics [1]
Gen to Announce Fiscal 2025 Fourth Quarter and Full-Year Results on May 6, 2025
Prnewswire· 2025-04-08 20:05
Group 1 - Gen Digital Inc. will release its fiscal year 2025 fourth quarter and full-year financial results on May 6, 2025, after market close [1] - Following the financial results announcement, Gen management will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET [2] - Gen Digital Inc. operates under various trusted Cyber Safety brands, including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner, serving nearly 500 million users in over 150 countries [2]
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]