Gen Digital Inc.

LifeLock, the U.S. identity theft protection leader and a Gen brand, announced new scam protection and reimbursement features along with a redesigned product experience and brand identity. The updates include real-time scam verification, Scam Reimbursement, Card Exposure Control, and enhanced anomaly detection, as Gen's Fearless Planet Index recorded more than 120 million phishing attacks in its latest 30-day snapshot with scams and malicious advertising accounting for over 80% of categorized threats. LifeLock also unveiled a refreshed logo and a new lineup of three plans: LifeLock Core, LifeLock Advanced, and LifeLock Total, with the rollout beginning today.

Gen Digital reported higher first-quarter earnings and raised its fiscal 2027 guidance. Net income rose to $215 million, or $0.36 per share, from $135 million, or $0.22 per share, a year earlier. Adjusted net revenue increased 11 percent to $1.336 billion. The company now expects full-year adjusted revenue between $5.375 billion and $5.475 billion, up from prior guidance of $5.325 billion to $5.425 billion, and adjusted earnings per share between $2.87 and $2.97, up from $2.85 to $2.95. For the second quarter, Gen Digital forecast adjusted revenue of $1.325 billion to $1.350 billion and adjusted earnings per share of $0.71 to $0.73, and declared a quarterly dividend of $0.125 per share.

Gen has launched the Fearless Planet Index, a continuously updated Cyber Safety intelligence hub that provides real-time insights into scams, cyber threats, and identity risks worldwide. Powered by telemetry from the Gen Threat Labs, the index transforms billions of security signals into an interactive view of the digital threat landscape, allowing users to explore country-specific threats and see whether each has increased, decreased, or remained stable since the previous day. Early data shows phishing as the most prevalent scam category globally, with over 120 million phishing attacks detected in the latest 30-day snapshot, and more than 80% of categorized threats were scams or malicious advertising rather than traditional malware. Online shopping scams rank among the most prevalent named scams across North America and Europe, while dating scams are prominent in several European countries including Germany, Sweden, and Norway. North America recorded the highest average digital risk at 29.6%, followed by Europe at 28.5%, Asia-Pacific at 27.4%, Middle East & Africa at 25.6%, and Latin America at 22.0%.

MoneyLion has launched MoneyLion One, a premium financial membership program designed to help Americans earn more from every paycheck. The membership bundles daily cash back, high-yield savings, scam and identity theft protection, and managed investing. Members who set up at least $500 in monthly direct deposits receive the full membership at no cost, while others can access all benefits for $9.99 per month. Features include 1% daily cash back on qualifying debit purchases, 3.64% APY on savings coming soon, identity protection powered by LifeLock's proprietary alert algorithms, and coverage up to $25,000 for stolen funds. MoneyLion is part of Gen, a global company whose consumer brands include Norton, Avast, and LifeLock.

Gen Digital is signaling a more concrete business acceleration than ServiceNow, despite ServiceNow's dominant AI narrative. Gen Digital raised its revenue growth outlook to 8% to 10%, calling it a clear trajectory shift from prior mid-single-digit targets, while ServiceNow's guidance raise was clouded by questions about when its AI vision would translate into organic acceleration. Gen Digital's Trust-Based Solutions segment, including the MoneyLion acquisition, grew 20% on a pro forma basis and is expected to generate over $100 million in incremental annual revenue. Trailing metrics show Gen Digital's revenue growth of 27% outpaces ServiceNow's 22%, with a 43% operating margin versus 13.4%, and a price-to-operating-income multiple of 7.8 compared to 47.7 for ServiceNow. The tradeoff centers on whether to underwrite Gen Digital's tangible, in-progress acceleration or pay a premium for ServiceNow's not-yet-fully-realized AI future.