Gen Digital Boosts Revenue Forecast, Sees Surge in Cybersecurity Demand

Gen Digital, the cybersecurity giant behind Norton and Avast, has raised its annual revenue forecast for the second time this quarter, driven by strong demand for its digital security products and the acquisition of MoneyLion. With over thirty-eight million direct subscribers, Gen Digital is focusing on maximizing value for its existing user base, while also adding new customers and blocking AI-generated scam websites. The company now anticipates fiscal 2026 revenue to be between $4.92 billion and $4.97 billion, exceeding earlier estimates.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.