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Last $27.57 USD
Change Today +0.14 / 0.51%
Volume 340.4K
AVG On Other Exchanges
Symbol
Exchange
Stuttgart
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

avg technologies (AVG) Key Developments

AVG Technologies N.V. Establishes Worldwide Center of Excellence for Mobile in Israel

AVG Technologies N.V. announced the establishment of its global Center of Excellence for mobile in Tel Aviv, Israel. The new office comprises a 3,200 square meter facility, supporting more than 120 employees working across mobile innovation, emerging mobile threats research, and Internet of Things technology development.

AVG Technologies N.V. Signs Mobile Security Partnership with ZTE

AVG Technologies N.V. announced a new global partnership with ZTE to become a provider of mobile security across its range of devices. From May 2015, ZTE smartphones and tablets come pre-installed with AVG's AVG AntiVirus PRO for Android app, giving ZTE customers the peace of mind that they have protection on their mobile devices. Under the terms of the partnership, ZTE customers will receive a free, 60-day trial of the AVG AntiVirus PRO for Android app. After the trial, they can either choose to keep the enhanced features by purchasing the annual subscription or retain AVG AntiVirus FREE for Android, which still ensures their smartphone or tablet will have core protection.

AVG Business Opens New Facility in Ottawa

AVG Technologies N.V. announced that its AVG Business unit now has a new facility in Ottawa, Ontario. This Global Center of Excellence for Managed Workplace serves the growing, international small-to-medium business (SMB) market from a new 34,400 square foot facility supporting more than 140 technical, sales and management staff. The new site on-boarding process displays actionable data on the dashboard within minutes of deployment. The addition of remote mobile security, through AVG Secure Sign-On, and Backup and Disaster Recovery enable data to be protected on any device at any time.

AVG Technologies N.V. Revises Earnings Guidance for the Fiscal Year Ended December 31, 2015

AVG Technologies N.V. revised earnings guidance for the fiscal year ended December 31, 2015. For the period, the company announced that the revenue expected to be in the range of $420 to $440 million, up from previous guidance of $410 million to $430 million. Non-GAAP adjusted net income is expected to remain in the range of $94.2 million to $99.2 million, or diluted EPS of $1.80 to $1.90. GAAP net income is expected to remain in the range of $48.9 million to $53.9 million, or $0.93 and $1.03 per diluted ordinary share.

AVG Technologies N.V. Releases New Performance-Boosting Updates for Pc, Mac and Android

AVG Technologies N.V. announced new versions of its performance products for Windows, Mac OS and Android. The latest releases of AVG PC TuneUp 2015, AVG Cleaner for Android and AVG Cleaner for Mac help users clean up, speed up and improve battery life of their devices more efficiently and thoroughly than before. Internal AVG tests running AVG PC TuneUp on the latest blockbuster games release, Grand Theft Auto V, registered an average 20.7% improvement in speed on a typical Windows laptop, and also cleaned up 8 GB of leftover Steam files from a gaming PC using the enhanced cleaning engine. The desktop and mobile apps are available individually or as a whole package in the AVG Performance suite available within the AVG Zen platform to make it easy to maintain all devices and those of family from device single dashboard. AVG Zen runs across desktops and mobile devices to provide a simple approach to help people secure their online lives. AVG PC TuneUp 2015 - improved cleaning and ready for Windows 10: Cleans up leftover files from the Downloads folder, removes wasteful distributable files generated from the Steam gaming platform and offers more thorough cleaning for the Google Chrome browser. All updates will be installed automatically on April 29. AVG PC TuneUp and all of its 39 features to speed up and clean up PCs are now fully compatible with the upcoming Windows 10 operating system, expected to release in summer 2015. AVG Cleaner for Android 2.3.1 - new 'App Manager' spots top resource-hungry apps: Helps identify resource-hungry apps that drain the battery, eat up precious storage and use up too much mobile traffic on smartphone or tablet. By tapping on the categories, users can then select multiple apps they no longer want with a simple tap, and get rid of them instantly. New 'App Manager' feature gives users an immediate overview of apps with useful graphs which show: Running Apps: Shows all running apps and how much RAM they are consuming. Unused Apps: Identifies all apps that the user hasn't used in a long time. Data Usage, Battery Usage and Storage: Helps users spot the large apps and the ones with the most battery and mobile traffic drain. AVG Cleaner for Mac (Build 4764): Now provides cleaning for iPhoto Cache, which can even become corrupt over time. New user interface to make it easier to clean up leftover and duplicate files. The complete AVG Performance suite includes all three apps and comes as a 1 year ($39.99) or 2 year subscription ($79.98). AVG PC TuneUp (2015 release) standalone product is also available for 1 year (1PC) for $39.99. AVG Cleaner PRO for Android is available standalone for $0.99 a month or $4.99 annually from AVG.com or the Google Play Store. AVG Cleaner for Mac is available for free from the Mac App store or AVG Cleaner for Mac pages.

 

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AVG

Industry Average

Valuation AVG Industry Range
Price/Earnings 30.3x
Price/Sales 3.7x
Price/Book 27.6x
Price/Cash Flow 29.3x
TEV/Sales 2.6x
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