Symantec to sell Web certificates business to Thoma Bravo: sources
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Symantec (SYMC) PT Lowered to $31 at Cowen Following 1Q
August 3, 2017 7:37 AM EDTCowen lowered its price target on Symantec (NASDAQ: SYMC) to $31.00 (from $33.00) while maintaining a Market Perform rating. F1Q revenue of $1.228b was up 39% y/y, exceeding the Street at $1.205b. OMs of 30.7% grew 210bps y/y and easily beat the Street's 28.2%, translating... More
Symantec (SYMC) Tops Q1 EPS by 2c, Beats on Revenues; Offers FY18 EPS/Revenues Above Consensus
August 2, 2017 4:12 PM EDTSymantec (NASDAQ: SYMC) reported Q1 EPS of $0.33, $0.02 better than the analyst estimate of $0.31. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.2 billion.
Financial Highlights
Enterprise Security and Consumer Digital Safety segment revenue exceed first quarter GAAP and non-GAAP... More