Feeds

Viral outbreaks leave vendors in clover

It's an ill wind...

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

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. ®

Beginner's guide to SSL certificates

More from The Register

next story
NASTY SSL 3.0 vuln to be revealed soon – sources (Update: It's POODLE)
So nasty no one's even whispering until patch is out
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
US government fines Intel's Wind River over crypto exports
New emphasis on encryption as a weapon?
To Russia With Love: Snowden's pole-dancer girlfriend is living with him in Moscow
While the NSA is tapping your PC, he's tapping ... nevermind
Forget passwords, let's use SELFIES, says Obama's cyber tsar
Michael Daniel wants to kill passwords dead
Put down that shotgun: Wi-Fi's the way to beat Zombies
CreepyDOL sensors can pick walkers from humans with MAC snack attack
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.