MCFE News and Press, McAfee Corp. From 02/24/21

Saying the "security franchise looks to be in better health than even we thought," Deutsche Bank upgrades McAfee (MCFE) from Hold to Buy and raises the price target from $20.50 to $23.50.The firm notes that revenue accelerated 23% in Q4 and expects outperformance to continue as PC s...

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Image source: The Motley Fool. McAfee Corp. (NASDAQ: MCFE) Q4 2020 Earnings Call Feb 23, 2021 , 5:00 p.m. ET Operator Continue reading For further details see: McAfee Corp. (MCFE) Q4 2020 Earnings Call Transcript

McAfee Corp. (MCFE) Q4 2020 Earnings Conference Call February 23, 2021 5:00 PM ET Company Participants Eduardo Fleites – Vice President-Investor Relations Peter Leav – President and Chief Executive Officer Venkat Bhamidipati – Chief Financial Officer Conference Call Parti...

McAfee (MCFE) shares gain 2.8% after market on fourth quarter results with revenue up 14% on the year to $777M and $0.38, which both topped consensus estimates.Consumer revenue grew 23% on the year to $426M. Enterprise revenue was up a more modest 5% to $351M.Core Direct to Consumer added 2.8...

McAfee (MCFE): Q4 Non-GAAP EPS of $0.38 beats by $0.07; GAAP EPS of -$0.73 misses by $0.44.Revenue of $777M (+13.9% Y/Y) beats by $38.35M.Shares +2.8%.Press Release For further details see: McAfee EPS beats by $0.07, beats on revenue

Consumer Revenue Grew 23% Compared to Q4 2019 and Grew 20% for the Full Year 2020 Core Direct to Consumer (“DTC”) Subscribers Increased to 18 Million, Up 2.8 Million YoY, and Up 668,000 QoQ Enterprise Revenue Grew 5% Compared to Q4 2019 ...

Cybersecurity names are trending lower today during a busy week for earnings and panel hearings.Today, SolarWinds ([[SWI]] -3.6%) is testifying before the Senate Intelligence Committee regarding the security breach late last year that allowed Russia-linked hackers to access a number of f...

Companies have had to increase cybersecurity spending especially with the rise of remote work due to the coronavirus. This has bolstered the need for products offered by two leaders in the cybersecurity space — McAfee (MCFE) and NortonLifeLock (NLOK). As the remote working and digital ...

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