FILE PHOTO: 3D printed models of people working on computers and padlock are seen in front of a displayed Avast logo in this picture illustration taken, February 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) -Gen Digital, which offers antivirus software such as Avast, Avira and Norton, forecast annual revenue and profit above analysts' estimate on Tuesday, signaling strong demand for its cybersecurity tools, sending its shares up about 4% after the bell.
High-profile digital hacks and an increase in online scams have provoked companies to fortify their systems against evolving threats, boosting enterprise spending on cybersecurity solutions, even as growing economic uncertainty casts a shadow on clients' budget.
