Welcome to our dedicated page for Mcafee news (Ticker: MCFE), a resource for investors and traders seeking the latest updates and insights on Mcafee stock.
McAfee Corp (MCFE) remains a leader in consumer-focused cybersecurity solutions, protecting digital lives through advanced threat detection and adaptive security platforms. This dedicated news hub provides investors and industry observers with essential updates on the company's strategic developments.
Access real-time announcements including product innovations, partnership agreements, and cybersecurity research breakthroughs. Our curated collection features official press releases alongside verified market analysis, offering a complete picture of McAfee's position in the digital protection landscape.
Key content categories include enterprise security updates, subscription model enhancements, and leadership announcements. Stay informed about developments in McAfee's cross-platform protection strategies and their impact on consumer digital safety trends.
Bookmark this page for streamlined access to McAfee's latest corporate communications. Check regularly for updates on emerging cybersecurity challenges and the company's responsive protection solutions in our increasingly connected world.
McAfee Corp. (NASDAQ: MCFE) has declared a cash dividend of $0.087 per share for the fourth quarter of 2020. This dividend will be payable on or about January 7, 2021, to shareholders recorded by December 24, 2020, at 5:00 p.m. EST. As a leading cybersecurity company, McAfee focuses on crafting integrated consumer and business solutions to enhance safety in the digital landscape.
McAfee Corp. (NASDAQ: MCFE) is set to engage with investors at the UBS Global TMT Virtual Conference on December 9, 2020, at 8:10 a.m. Pacific Time. This presentation will be accessible through a live webcast, with an archived version available on McAfee's investor relations website.
As a leading device-to-cloud cybersecurity company, McAfee is dedicated to creating solutions that enhance safety in both consumer and business environments.
McAfee Corp. (Nasdaq: MCFE) has released a new report, “The Hidden Costs of Cybercrime,” revealing that global cybercrime now costs over $1 trillion annually, up 50% from 2018. The report highlights that 92% of companies experience impacts beyond financial losses, such as system downtime and brand damage. Organizations reported an average downtime cost of $762,231, with 33% facing losses between $100,000 and $500,000. Alarmingly, 56% lack effective cyber incident response plans. The report emphasizes urgent action is needed to enhance cyber resilience.
McAfee Corp. (MCFE) reported strong Q3 2020 results, with total net revenue reaching $728 million, up 10% year-over-year. Consumer revenue grew to $395 million, a 23% increase. Operating income soared by 142% to $128 million, while adjusted EBITDA rose 26% to $265 million. The company boasts a 100% dollar retention rate in its consumer segment and added over 2.4 million Core DTC subscribers. McAfee's IPO allowed for debt reduction and expansion of partnerships, including with Amazon. Guidance for Q4 estimates revenue between $732 million and $742 million.
McAfee Corp. (Nasdaq: MCFE) announced the launch of its MVISION Cloud Native Application Protection Platform (CNAPP), designed to enhance security for applications and data on Amazon Web Services (AWS). This unified security service integrates Cloud Security Posture Management, Cloud Workload Protection, and application security features, offering insights and tools for better risk management. Available on AWS Marketplace, CNAPP simplifies deployment with integrations like AWS Security Hub, making it easier for users to secure their cloud-native applications.
McAfee Corp. (Nasdaq: MCFE) released findings from its 2020 Holiday Season: State of Today’s Digital e-Shopper survey, indicating 36% of Americans plan to increase online holiday shopping despite 60% recognizing higher cyber scam risks. Since COVID-19, 49% of consumers have shifted to more online shopping, with 18% shopping daily. McAfee Labs reported a 12% rise in online cybercrime threats, with 419 threats per minute observed in Q2 2020. The survey suggests a concerning lack of vigilance among consumers, with only 43% verifying the authenticity of online deals.
McAfee Corp. (Nasdaq: MCFE) has launched the MVISION Marketplace, MVISION API, and MVISION Developer Portal to enhance customer integration of security applications. These tools aim to fill security gaps and improve overall security posture. The open API framework allows for faster threat response and reduced operational costs. The Marketplace features top partners like Attivo Networks and ServiceNow, helping teams streamline security processes. The launch supports both existing security tools and the integration of new solutions.
McAfee Corp. (Nasdaq: MCFE) has announced a strategic partnership with Amazon Business to offer an exclusive security software and IT services bundle tailored for Business Prime members, focusing on small to medium businesses (SMBs). The bundle includes essential data protection solutions and services, such as email protection, web and firewall safeguards, mobile VPN, and malware prevention. Introductory pricing ranges from $49.99 to $99.99 for the first year, with subsequent annual rates of $149.99 to $249.99. This initiative aims to enhance security for small businesses against increasing cyber threats.
McAfee Corp. (NASDAQ: MCFE) will release its third quarter financial results for FY 2020 on November 19, 2020, after U.S. market close. A conference call is scheduled for 5:00 PM ET on the same day to discuss these results. Interested parties can join the call at (833) 301-1122 for U.S. and Canadian callers or (631) 658-1012 for international attendees. The conference ID is 8669006, and a webcast will be available for replay on the company's Investor Relations page for 30 days post-call.
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