Feeds

International tradewinds fill Symantec's Q3 sails

Time to rename it 'Symaunteuc?'

Intelligent flash storage arrays

Symantec should be thankful for a healthy year's worth of publicized data pratfalls an ocean away. International sales rose 21 per cent in its third fiscal quarter, bolstering a strong quarter for the security software firm and a cheery outlook for Q4.

Net income for the quarter rose 13 per cent to $132m, compared with $117m year-over-year. Operating income was $195m from $159m a year ago.

Revenue, excluding charges from acquisitions and expensing stock options rose 15 per cent to $1.53bn. While sales in North America rose eigh per cent to $789m, overseas revenue hit $812m and accounted for 53 per cent of the company's total revenue.

That's sure to please Wall Street, which had expected $1.49bn revs.

Symantec's security and data management segment represented 29 per cent of total revenue and grew nine per cent from last year. The data center management segment represented 29 per cent of total revenue and grew 11 per cent year-over-year. Consumer software also accounted for, you guessed it, 29 per cent of revenues.

The services segment accounted for six per cent of total revenue, growing 40 per cent from last year. Symantec's Altiris asset management software biz, bought last year, took seven per cent of the revenue, and grew 156 per cent.

Symantec forecasts fourth quarter revenue of $1.51bn-$1.55bn and full year revenues of $5.9bn-$5.94bn. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
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.
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.
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.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.