Feeds

Symantec on a roll, thanks to security boom

Er, shouldn't that be 'insecurity boom'?

  • alert
  • submit to reddit

New hybrid storage solutions

ComputerWire: IT Industry Intelligence

Symantec Corp yesterday posted a healthy-looking fiscal second quarter supported by revenue growth in all but one of its businesses, and reported a bottom line that beat analysts' and its own estimates.

For the three months to September 30, the company saw a net income of $52m, compared to a year-ago loss of $12m, on revenue that was up 34% at $325m. At the pro forma level, net income was $60m, compared to $42m a year ago.

The company said that its enterprise business grew by 30% in the face of a general IT spending slowdown, and its consumer business grew 68%. Enterprise sales accounted for 44% of revenue, and consumer sales accounted for 38% of revenue.

The only business to decline was Symantec's enterprise administration software business. Revenue there declined 2% and represented 16% of total revenue. The remainder of revenue came from security services sales, up 102%.

In the enterprise business, firewall sales were up 61% and anti-virus sales were up 36%. During the quarter, Symantec signed 116 contracts with values over $100,000, 28 of which were worth more than $300,000, and five of which were worth over $1m.

© Computerwire.com. All rights reserved.

Secure remote control for conventional and virtual desktops

More from The Register

next story
Leak of '5 MEELLLION Gmail passwords' creates security flap
You should be OK if you're not using ANCIENT password
Google recommends pronounceable passwords
Super Chrome goes into battle with Mr Mxyzptlk
Reddit wipes clean leaked celeb nudie pics, tells users to zip it
Now we've had all THAT TRAFFIC, we 'deplore' this theft
Enigmail PGP plugin forgets to encrypt mail sent as blind copies
User now 'waiting for the bad guys come and get me with their water-boards'
YouTube, Amazon and Yahoo! caught in malvertising mess
Cisco says 'Kyle and Stan' attack is spreading through compromised ad networks
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.