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Deepfakes, AI-Manipulated Audio, and Hijacked Social Media Surge in 2024
Prnewswire· 2024-05-14 07:00
Avast Threat Report shows nearly 90% of cyberthreats currently rely on human manipulation TEMPE, Ariz. and PRAGUE, May 14, 2024 /PRNewswire/ -- Avast, a leader in digital security and privacy and brand of Gen™ (NASDAQ: GEN), has reported that social engineering threats – those which rely on human manipulation – account for most cyberthreats faced by individuals in 2024. According to the latest quarterly Avast Threat Report, which looks at the threat landscape from January-March 2024, scams, phishing and mal ...
Why Gen Digital Stock Zoomed 15% Higher Today
The Motley Fool· 2024-05-10 21:45
The company is doing well in a world full of cyber threats.Cybersecurity stock Gen Digital (GEN 15.34%) ended the trading week on a high note. After publishing its latest quarterly report after market hours on Thursday, the company's shares raced more than 15% higher the following day as investors signaled their approval. That percentage rate was several orders of magnitude better than the 0.2% gain of the S&P 500 index on Friday.A double beat to round out fiscal 2024Gen Digital's fiscal fourth quarter of 2 ...
Gen Digital (GEN) Gains 4% as Q4 Earnings & Sales Beat Estimates
Zacks Investment Research· 2024-05-10 14:01
Gen Digital Inc. (GEN) shares rose 4.1% during Thursday’s extended trading session after the company reported better-than-expected results for the fourth quarter of fiscal 2024. Moreover, the top and bottom 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 ...
Here's What Key Metrics Tell Us About Gen Digital (GEN) Q4 Earnings
Zacks Investment Research· 2024-05-09 23:01
For the quarter ended March 2024, Gen Digital (GEN) reported revenue of $967 million, up 2.1% over the same period last year. EPS came in at $0.53, compared to $0.46 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $964.81 million, representing a surprise of +0.23%. The company delivered an EPS surprise of +1.92%, with the consensus EPS estimate being $0.52.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Gen Digital (GEN) - 2024 Q4 - Earnings Call Transcript
2024-05-09 22:48
Gen Digital Inc. (NASDAQ:GEN) Q4 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Peter Levine - Evercore ISI Dan Bergstrom - RBC Capital Markets Saket Kalia - Barclays At this time, for opening remarks, I would like to pass the call over to Jason Starr, Head of Investor Relations. You may proceed. Today's call contains statements regarding our business, financial performance and operations, including the impact of our business and industry that may be considered forward-looking statements and such stat ...
Gen Digital (GEN) Tops Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-09 22:20
Gen Digital (GEN) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.92%. A quarter ago, it was expected that this security software maker would post earnings of $0.50 per share when it actually produced earnings of $0.49, delivering a surprise of -2%.Over the last four quarters, the c ...
Gen Digital (GEN) - 2024 Q4 - Earnings Call Presentation
2024-05-09 21:01
| --- | --- | --- | --- | --- | --- | --- | --- | |------------------|------------|---------|-------|-------|-------|-------|-------| | | | | | | | | | | Gen | | | | | | | | | | | | | | | | | | Q4 FY24 Earnings | | | | | | | | | May 9, 2024 | | | | | | | | | & norton Avast | / LifeLock | a Avira | | | | | | Forward-Looking Statements | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------|-------|-------- ...
What's in the Offing for Gen Digital (GEN) This Earnings Season?
Zacks Investment Research· 2024-05-08 13:35
Gen Digital (GEN) is slated to report fourth-quarter fiscal 2024 results on May 9. 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 completed merger of NortonLifeLock and Avast Plc. The newly named company unites trusted consumer safety brands, including Norton, Avast, LifeLock, AVG, Avira, CCleaner and ReputationDefender.The company projects quarterly revenues betwe ...
Unlocking Q4 Potential of Gen Digital (GEN): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-06 14:21
Analysts on Wall Street project that Gen Digital (GEN) will announce quarterly earnings of $0.52 per share in its forthcoming report, representing an increase of 13% year over year. Revenues are projected to reach $964.81 million, increasing 1.9% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a company's earnin ...
Gen Digital (GEN) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-05-02 15:06
The market expects Gen Digital (GEN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 9, 2024, might help the stock move higher if these key numbers are bette ...