Gen Digital Inc (OQ:GEN)
Business Focus: N/A
| Sector: Technology | Industry: Software |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 60 E Rio Salado Parkway, Suite 1000 TEMPE AZ 85281-9124 |
| Tel: | N/A |
| Website: | https://www.gendigital.com/us/en |
| IR: | See website |
| Key People | ||
| Ondrej Vlcek President, Director | Vincent Pilette Chief Executive Officer, Director | Natalie M. Derse Chief Financial Officer | Bryan Seuk Ko Chief Legal Officer, Secretary, Head of Corporate Affairs |
| Business Overview |
| Gen Digital Inc. is a global company. The Company offers a range of Cyber Safety brands, including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner. Its Cyber Safety portfolio provides protection across three categories in multiple channels and geographies, including security and performance, identity protection, and online privacy. It also offers solutions in digital identity and access management, digital reputation, and restoration support services. It provides real-time protection for PCs, Macs and mobile devices against malware, viruses, adware, ransomware and other online threats. These offerings monitor and block unauthorized traffic from the Internet to the device to help protect private and sensitive information when customers are online. Its Norton and LifeLock identity theft protection solution includes monitoring, alerts and restoration services to help safeguard its customers personal information. Its VPN solutions provides an encrypted data tunnel. |
| Financial Overview |
| For the 39 weeks ended 29 December 2023, Gen Digital Inc revenues increased 19% to $2.85B. Net income increased 11% to $482M. Revenues reflect Consumer Security segment increase of 26% to $1.81B, Identity and information protections segment increase of 8% to $992M, EMEA segment increase of 44% to $692M, United States segment increase of 12% to $1.69B. Net income was partially offset by Sales and marketing increase from $193M to $515M (expense). |
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