Symantec (SYMC) Reports In-Line Q4 EPS, Q1 EPS Guidance Comes in Light

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Symantec Reports Fiscal Fourth Quarter and Full Year 2019 Results

May 9, 2019 4:12 PM EDT

Q4 GAAP revenue of $1.189 billion and non-GAAP revenue of $1.195 billion

Fiscal year 2019 GAAP revenue of $4.731 billion and non-GAAP revenue of $4.762 billion

Cash flow from operating activities for fiscal year 2019 was $1.495 billion, up 57% year-over-year

Company repurchased 11 million shares and retired $600 million in debt during the fourth quarter 2019

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Symantec Corp. (NASDAQ: SYMC) today reported results for its fourth quarter and full fiscal year 2019 ended March 29, 2019.

We achieved company revenue in the fourth quarter in line with... More

Symantec Announces Leadership Changes

May 9, 2019 4:10 PM EDT

Board Member Rick Hill Appointed Interim President and CEO; Greg Clark Steps Down

Seasoned Finance Executive Vincent Pilette Appointed EVP and CFO

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Symantec Corporation (NASDAQ: SYMC) (the Company) today announced the following leadership changes:

Richard S. Hill, current Symantec director and former Chairman and CEO of Novellus Systems, has been appointed Interim President and Chief Executive Officer, effective immediately. Mr. Hill succeeds Greg Clark, who has stepped down as President and CEO... More