News: Page (1) of 1 - 10/24/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook

Symantec profit rises as new CEO conducts strategic review

US-SYMANTEC-RESULTS:Symantec profit rises as new CEO conducts strategic review

BOSTON (Reuters) - Symantec Corp, the top maker of computer security software, reported a 6 percent jump in quarterly profit as its new chief executive conducted a strategic review of the company's operations after his predecessor's firing in July.

The company, which has seen its stock languish for years, reported net income attributable to Symantec shareholders of $193 million, or 27 cents per share, for its fiscal second quarter, ended Sept 28, compared with $182 million, or 24 cents a year earlier when there were more shares outstanding.


Revenue rose 1 percent from a year earlier to $1.7 billion.

(This story corrects to show quarterly profit rose, not fell. Corrects revenue and profit figures.)

(Reporting by Jim Finkle; Editing by Leslie Gevirtz)


Page: 1


Related Keywords:US , SYMANTEC , RESULTS


DMO TEXT LINKS
(Click here to place a textlink on this site)

Vegas Pro 10 Available Now
Professional HD Video, audio, and Blu-Ray creation.
CLICK HERE!!!


@ Copyright, 2012 Digital Media Online, All Rights Reserved