Symantec (SYMC) Tops Q3 EPS by 2c; Announces $500M Investment from Silver Lake
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Go back to Symantec (SYMC) Tops Q3 EPS by 2c; Announces $500M Investment from Silver Lake
February 4, 2016 4:05 PM EST
Revenue at high end of guided range; operating margin and EPS exceed
guidance
Enterprise Security revenues grew YOY for third consecutive quarter,
in constant currency
Announces $500 million strategic investment by Silver Lake, and
increases total capital return program to $5.5 billion
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--
Symantec Corp. (NASDAQ: SYMC) today reported the results of its third
quarter of fiscal year 2016, ended January 1, 2016.
Michael A. Brown, president and CEO, said, We are entering the second
half of our... More
February 4, 2016 4:05 PM EST
Board declares $4.00 per share special dividend and authorizes $2.3
billion in share repurchases to be completed by end of March 2017
Targets cost savings of approximately $400 million by the end of
fiscal year 2018
Annual dividend adjusted to $0.30 per share to reflect reduced
domestic cash flow following Veritas sale and special dividend
Board to appoint Silver Lake Managing Partner Ken Hao to Symantec Board
MOUNTAIN VIEW, Calif. & MENLO PARK, Calif.--(BUSINESS WIRE)--
Symantec Corp. (NASDAQ: SYMC) (Symantec)... More
