Welcome to our dedicated page for GEN DIGITAL news (Ticker: GEN), a resource for investors and traders seeking the latest updates and insights on GEN DIGITAL stock.
Gen Digital Inc. develops consumer cyber safety, online privacy, identity protection and financial wellness products through brands including Norton, Avast, LifeLock and MoneyLion. Company news commonly covers earnings releases and guidance, product updates, and the expansion of security and privacy features across Norton 360, Norton Neo, VPN services and AI-agent protection.
Recurring developments also include partnerships that integrate Gen technology into consumer AI and financial information experiences, updates from Gen Threat Labs, and product initiatives tied to phishing defense, anti-fingerprinting, VPN connectivity, identity agents and compliant financial product recommendations.
Gen Digital Inc. reported its fiscal year 2024 results, showcasing a revenue of $3,812 million, up 14% in USD, and record-breaking profitability. The company delivered strong financial performance, with Non-GAAP Operating Income up by 21% and Non-GAAP Diluted EPS up by 8%. Gen's Board authorized a $3 billion share repurchase program, reflecting confidence in the company's future. Additionally, the company announced a regular quarterly cash dividend and a leadership update.
Norton and NNEDV released an infographic with 10 tips to help domestic violence survivors protect their financial information online. The tips aim to combat digital financial abuse, a growing issue affecting survivors. The organizations also offer free product licenses to survivors to aid in their recovery from financial or technological abuse. The release coincides with Sexual Assault Awareness Month, shedding light on the critical issue of financial abuse.
Gen, a global company, organized its first Global Volunteer Week, where more than 500 team members from ten countries dedicated over 1,300 volunteer hours to support 33 nonprofits worldwide. The week included activities like creating digital literacy materials, mentoring students, assembling care packages, planting trees, cleaning up neighborhoods, and supporting vulnerable communities.
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