Feeds

Viral outbreaks leave vendors in clover

It's an ill wind...

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

Antivirus firms are enjoying the benefits of heightened security awareness, and viral outbreaks, with extas sales of their security software.

Helped by a recovery in consumer spending, Symantec yesterday posted Q3 revenues of $290.2 million, compared to $241.8 million for the same quarter last year. Net income before one-time charges and the amortisation of acquisition-related charges, primarily from the Axent acquisition, came out at $59.4 million.

Including these one-time charges, Symantec reported earnings per share of zero cents.

During the quarter Symantec shipped 5.3 million packaged products to consumers, a record for the firm and nearly two million more than has it has ever previously shipped.

Symantec's enterprise business, which includes security management, firewall and intrusion detection software and accounts for 60 percent of total sales, performed "solidly". But it was sales of antivirus software - up 53 per cent from the same quarter last year - which contributed most to the overall growth in Symantec's business.

Things are also looking up at McAfee.com, the security ASP subsidiary of Network Associates, which yesterday reported fourth quarter of fiscal year 2001 was $18.6 million up $6.5 million from the same period last year. Net income for the quarter was $904,000.

McAfee's revenue for the full year, during which it made a loss of $854,000 as it expanded its business, was $62.0 million.

A quarter of a million people signed up to McAfee.com over the quarter, giving it a paid subscriber base of 1,345,000 people, the firm said. ®

The essential guide to IT transformation

More from The Register

next story
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
Chinese hackers spied on investigators of Flight MH370 - report
Classified data on flight's disappearance pinched
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
New twist as rogue antivirus enters death throes
That's not the website you're looking for
ISIS terror fanatics invade Diaspora after Twitter blockade
Nothing we can do to stop them, says decentralized network
prev story

Whitepapers

A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.