10.05.2017 22:11:36

Symantec Corporation Bottom Line Climbs 25% In Q4

(RTTNews) - Symantec Corporation (SYMC) revealed a profit for its fourth quarter that gained ground from last year.

The company said its bottom line rose to $184 million, or $0.28 per share. This was higher than $147 million, or $0.22 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 34.7% to $1176 million. This was up from $873 million last year.

Symantec Corporation earnings at a glance:

-Earnings (Q4): $184 Mln. vs. $147 Mln. last year. -Earnings Growth (Y-o-Y): 25.2% -EPS (Q4): $0.28 vs. $0.22 last year. -EPS Growth (Y-o-Y): 27.3% -Analysts Estimate: $0.28 -Revenue (Q4): $1176 Mln vs. $873 Mln last year. -Revenue Change (Y-o-Y): 34.7%

-Guidance: Next quarter EPS guidance: $0.28 – $0.32 Next quarter revenue guidance: $1,185 - $1,215

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