Cloud Computing  Apr 15  Comment 
-- Latest free application from AVG Technologies gives consumers control of the security and privacy of personal data stored on connected devices read more
StreetInsider.com  Apr 10  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/American+Vanguard+%28AVG%29+Expects+Elevated+Inventory+Levels+to+Affect+Q1+2014+Performance/9371969.html for the full story.
Cloud Computing  Apr 10  Comment 
CHICAGO , April 10, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks...
Benzinga  Mar 14  Comment 
In a report published Friday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on AVG Technologies NV (NYSE: AVG). In the report, Morgan Stanley noted, “A shift towards mobile in the consumer subs. business, a return to...
SeekingAlpha  Mar 7  Comment 
By Longfellow Growth: Leader in Mobile Security Trading for Big Discount to Sum of the Parts Valuation Business Description: AVG Technologies (AVG) develops and provides internet users with software solutions and online services that...
TheStreet.com  Mar 5  Comment 
NEW YORK (TheStreet) -- AVG gained 7.1% to $20.58 Wednesday following an upgrade from JMP Securities. The analyst firm raised its rating for the software company to "outperform" from "market perform." Shares of the company rose to above $20 for...
StreetInsider.com  Mar 5  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/JMP+Securities+Upgrades+AVG+Technologies+%28AVG%29+to+Market+Outperform/9250100.html for the full story.
Cloud Computing  Feb 25  Comment 
AMSTERDAM and SAN FRANCISCO , Feb. 25, 2014 /PRNewswire/ -- AVG Technologies N.V. (NYSE: AVG), the online security company for 177 million active users, today announced the addition of an administration console for Android™ that extends the...
TheStreet.com  Feb 20  Comment 
NEW YORK (TheStreet) -- Security software developer AVG Technologies is gaining on Thursday after posting fourth-quarter results after the bell a day earlier. By early afternoon, shares had added 16.9% to $20.24. Trading volume of 2.3 million...
SeekingAlpha  Feb 20  Comment 
AVG Technologies N.V. (AVG) Q4 2013 Results Earnings Conference Call February 19, 2014; 05:00 p.m. ET Executives Gary Kovacs - Chief Executive Officer John Little - Chief Financial Officer Erica Abrams - The Blueshirt Group for...


AVG Technologies (NYSE:AVG) makes money by providing internet and mobile browser security. The company uses a "freemium" model. This means that users are able to download and use much of the service for free. However, additional services and functionality is given to users though a subscription. Additionally, AVG works with the community to identify and reply to threats as they appear. Some of AVG's services, such as cloud-based storage, sync, and share solutions are not directly linked to internet or mobile security.[1]

Business Overview

AVG's total revenue for the nine months ended in September 2011 was $198M. This resulted in a net income of $100M. The same period in 2010 resulted in $125M in revenue and $48M in net income. The company's single largest expense comes from sales and marketing. [2]

New Updates

The company's initial public offering of stock on the NYSE occurred on February 1, 2012. The company offered 8M shares each for $16. This was at the bottom of the $16-$18 initial price range. The deal raised a total of $128M. The lead mangers of the deal were Morgan Stanley (MS), J P Morgan Chase (JPM), and Goldman Sachs Group (GS).[3]

Trends & Forces

Potential Competition from Large Players

AVG's security software is not associated with any particular platform. However, computer manufactures may bundle their own or one of AVG's competitors security products with the sale of the computer. Microsoft (MSFT) has used this tactic to encourage sales. A similar sales technique could be done by mobile device manufacturers. Without controlling the platform on which it relies, AVG is unable to directly avoid this risk. [4]

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