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Valued at $16.7 billion by market cap, Gen Digital Inc. (GEN) is a global consumer cybersecurity company that provides subscription-based digital safety, privacy, and identity protection solutions. Through well-known brands such as Norton, Avast, AVG, Avira, LifeLock, and CCleaner, the company offers antivirus software, VPNs, identity theft protection, and system optimization tools primarily to individuals and small businesses.
The Tempe, Arizona-based company is expected to announce its fiscal third-quarter earnings soon. Ahead of the event, analysts expect GEN to report a profit of $0.57 per share on a diluted basis, up 9.6% from $0.52 per share in the year-ago quarter. The company missed the consensus estimates in three of the last four quarters while surpassing the forecast on another occasion.