Symantec (SYMC) Misses Q2 EPS by 3c; Guides Below

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Symantec Reports Second Quarter Fiscal Year 2018 Results

November 1, 2017 4:05 PM EDT

Financial Q2 Highlights

Q2 GAAP revenue $1.240 billion, up 27% year over year; non-GAAP revenue $1.276 billion, up 26% year over year Strong Enterprise business activity from market-leading Integrated Cyber Defense platform; double digit year-over-year deferred revenue growth excluding impact from divestiture Consumer Digital Safety revenue exceeds expectations, driven by strong retention and growth in average revenue per user Completed previously announced cost reduction and synergy programs ahead of schedule

Operational Q2 Highlights

Continued focus on innovation with the introduction of Symantec Endpoint... More