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Gen Digital forecasts downbeat revenue as customers cut spending - Vimarsana News

Gen Digital forecasts downbeat revenue as customers cut spending

Gen Digital Inc forecast first-quarter revenue below Wall Street estimates on Thursday as customers hit by higher borrowing rates and sticky inflation cut spending on cybersecurity products. ... | May 11, 2023

Gen Digital forecasts downbeat revenue as customers cut spending - Vimarsana News

Gen Digital forecasts downbeat revenue as customers cut spending

Gen Digital Inc forecast first-quarter revenue below Wall Street estimates on Thursday as customers hit by higher borrowing rates and sticky inflation cut spending on cybersecurity products. Shares of the cybersecurity firm fell as much as 2 per cent in after-market trading. Gen Digital has also

Gen Digital forecasts downbeat revenue as customers cut spending - Vimarsana News

Gen Digital forecasts downbeat revenue as customers cut spending

(Reuters) - Gen Digital Inc forecast first-quarter revenue below Wall Street estimates on Thursday as customers hit by higher borrowing rates and ...

Meet the 25 most innovative corporate boards in 2023 - Vimarsana News

Meet the 25 most innovative corporate boards in 2023

Fortune’s second Modern Board 25 ranking identifies companies that balance the pursuit of profit with purpose.

$12M Chancery Class Deal Ends Cross-Country Litigation Duel - Vimarsana News

$12M Chancery Class Deal Ends Cross-Country Litigation Duel

A $12 million deal to end a stockholder derivative suit focused on past inflating of cybersecurity company Gen Digital Inc.'s revenues won Delaware Court of Chancery approval Thursday under rulings that also bar a competing federal securities derivative claim in California from going forward.

Source: law360.com