The Latest in IT Security

Subscription renewals help Symantec beat estimates

07
Aug
2014

Symantec Corp, best known for its Norton antivirus software, reported better-than-expected quarterly revenue as more customers renewed their subscription and due to higher demand from federal agencies. Symantec is benefiting from higher spending by companies on security software to protect their network and data from sophisticated hacking attacks and malware. Rival FireEye Inc on Tuesday forecast revenue for the current quarter that exceeded analysts’ expectations. Symantec’s net income rose to $236 million, or 34 cents per share, in the first quarter ended July 4, from $157 million, or 22 cents per share, a year earlier.

Comments are closed.

Categories

SUNDAY, AUGUST 25, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments

Social Networks