Symantec Provides Update on Expected Third Quarter Results
January 19 2016 - 5:51PM
Business Wire
Anticipates Revenue, Non-GAAP Operating
Margin and Diluted EPS Above Midpoint of Previous Guidance
Symantec Corp. (NASDAQ:SYMC) today provided an update on
expected results for the third fiscal quarter of 2016. The Company
anticipates that it will report GAAP Revenue, Non-GAAP Operating
Margin and Non-GAAP diluted EPS for the third fiscal quarter of
2016 that are above the midpoint of the guidance provided in its
press release dated November 5, 2015.
That guidance, and these views on anticipated results for the
third quarter, exclude the operations of Symantec’s Veritas
information management business. Symantec is filing with the
Securities and Exchange Commission a Form 8-K setting forth certain
information regarding the preliminary operating results of Veritas
for the quarter ended January 1, 2016.
These views on anticipated results for the third quarter of
fiscal year 2016 are based on management’s initial review of
operations for the third quarter ended January 1, 2016 and are
subject to the completion of Symantec's customary quarterly closing
and review procedure. Symantec will announce the results of its
fiscal third quarter on Thursday, February 4, 2016.
About Symantec
Symantec Corporation (NASDAQ:SYMC) is the global leader in
cybersecurity. Operating one of the world’s largest cyber
intelligence networks, we see more threats, and protect more
customers from the next generation of attacks. We help companies,
governments and individuals secure their most important data
wherever it lives.
NOTE TO EDITORS: If you would like additional information
on Symantec Corporation and its products, please visit the Symantec
News Room at http://www.symantec.com/news.
Symantec and the Symantec Logo are trademarks or registered
trademarks of Symantec Corporation or its affiliates in the U.S.
and other countries. Other names may be trademarks of their
respective owners.
Forward-Looking Statements
This press release contains forward looking statements regarding
the Company’s expected operating results for the third quarter of
fiscal 2016 ended January 1, 2016. These statements are subject to
known and unknown risks, uncertainties and other factors that may
cause our actual results to differ materially from results
expressed or implied herein. Such risk factors include the results
of the Company’s completion of the financial closing process for
the third quarter operating results and financial condition. The
Company assumes no obligation, and does not intend, to update these
forward-looking statements prior to reporting its third quarter
results. Additional information concerning risks that could cause
actual results to differ from current expectations is contained in
Risk Factors, set forth in Part I, Item 1A of the Company’s Annual
Report on Form 10-K for the fiscal year ended April 3, 2015.
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version on businesswire.com: http://www.businesswire.com/news/home/20160119006932/en/
Symantec Corp.MEDIA:Kristen Batch,
503-516-6297kristen_batch@symantec.comorINVESTORS:Jonathan
Doros, 650-527-5523jonathan_doros@symantec.com
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