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.
NortonLifeLock Inc. (NASDAQ: NLOK) will release its fiscal 2022 third quarter financial results on February 3, 2022, after the market closes. The company will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET to discuss these results. NortonLifeLock is focused on providing consumer Cyber Safety, ensuring safe digital experiences for its users. Investors can access the call via the company’s investor relations website.
NortonLifeLock (NASDAQ: NLOK) has unveiled its top cybersecurity predictions for 2022. Key trends include the rise of cryptocurrency scams, the growth of digital identities, increased hacktivism, and the exploitation of natural disasters by scammers. The report highlights that AI technologies will enhance cybercriminals' tactics, while online tracking is expected to decline due to heightened consumer awareness and regulatory changes. Norton offers tips for consumers to safeguard against these evolving threats, emphasizing awareness and proactive measures.
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NortonLifeLock (NASDAQ: NLOK) has been awarded the title of 'Best Consumer Anti-Malware' by SE Labs for its product Norton 360. This recognition highlights the effectiveness and reliability of Norton 360 in providing comprehensive online protection, powered by AI and machine learning. SE Labs conducts rigorous testing, including collecting expert opinions and user feedback, to evaluate security products. Norton 360 achieved a 'AAA' rating in the SE Labs consumer endpoint protection test, further solidifying its reputation among security professionals and customers.
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NortonLifeLock (NASDAQ: NLOK) announced the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act for its merger with Avast plc. The waiting period ended on November 12, 2021, allowing the merger process to advance, which is expected to finalize in mid-2022. The merger will proceed via a U.K. court-sanctioned scheme, subject to additional terms detailed in a scheme document published on October 28, 2021. For further information on the merger, visit NortonLifeLock's investor relations page.
NortonLifeLock (NASDAQ: NLOK) released a study revealing significant cyber risks for online gamers. Conducted among 700 U.S. adults, the study found that 47% of gamers experienced cyberattacks, with affected individuals losing an average of $744. The report highlights concerning behaviors, such as 23% of gamers willing to hack into accounts for an advantage. Many gamers exhibit risky online habits, with 47% using the same passwords across platforms, and 21% reported being doxxed. The study emphasizes the need for robust security measures like Norton 360 for Gamers.
NortonLifeLock (NASDAQ: NLOK) has unveiled a new brand promise and visual identity aimed at empowering consumers in a climate of growing cybercrime fears. The rebranding reflects Norton's evolution from antivirus provider to comprehensive Cyber Safety advocate, catering to the changing needs of users. Key highlights include a brighter design, a simplified user experience, and an identity that bridges the brand's heritage with its future goals. This transformation positions Norton as a trusted ally in digital safety, resonating with 58% of consumers who feel increasingly worried about cyber threats.
NortonLifeLock Inc. (NASDAQ: NLOK) reported Q2 fiscal 2022 results with revenue of $692 million, marking an 11% year-over-year increase. GAAP diluted EPS reached $0.56, up 100%, while operating margin improved to 41.5%. Non-GAAP revenue was $695 million, with a diluted EPS of $0.43. The direct customer count rose to 23.3 million, up 2.6 million.
Guidance for Q3 indicates expected non-GAAP revenue between $695-$705 million and EPS of $0.42-$0.44. A quarterly dividend of $0.125 per share was declared for December 15, 2021.
NortonLifeLock Inc. (NASDAQ: NLOK) is set to release its fiscal 2022 second quarter financial results on November 4, 2021, after market close. This will be followed by a management conference call at 2 p.m. PT / 5 p.m. ET. The company, a leader in consumer Cyber Safety, aims to empower people to live safely in a digital world. This announcement highlights NLOK's ongoing commitment to transparency and investor engagement.