Symantec (SYMC) Tops Q3 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Guidance Above Consensus

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Go back to Symantec (SYMC) Tops Q3 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Guidance Above Consensus

Symantec Reports Fiscal Third Quarter 2019 Results

January 31, 2019 4:15 PM EST

GAAP revenue of $1.211 billion and non-GAAP revenue of $1.218 billion were above guidance

GAAP diluted EPS of $0.10 and non-GAAP diluted EPS of $0.44 were above guidance

Cash flow from operating activities was $377 million, up 28% year-over-year

Company announces an increase to its existing share repurchase authorization to $1.3 billion

Company increases Enterprise Security revenue guidance and GAAP diluted and non-GAAP diluted EPS for Full Year 2019

Company announces appointment of Chief Accounting Officer

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Symantec Corp. (NASDAQ: SYMC) today... More