Symantec (SYMC) PT Raised to $27 at Piper Jaffray on Solid Q1, Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Wall St loses over 1% amid fading rate-cut hopes
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steadies as US fuel demand concerns face Middle East supply risks
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Symantec Reports First Quarter Fiscal Year 2017 Results
August 4, 2016 4:09 PM EDTRevenue of $884 million, GAAP operating margin of 12% and EPS of $0.22, non-GAAP operating margin of 29% and EPS of $0.29 Reiterates commitment to maintain quarterly dividend at $0.075 $550 million in net cost savings underway, as a result of cost savings initiative and synergies from Blue Coat acquisition
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Symantec Corp. (NASDAQ: SYMC) today reported the results of its first quarter of fiscal year 2017, ended July 1, 2016.
Greg Clark, Symantec CEO, said, We are pleased to have quickly and... More
