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Symantec turns a profit

Symantec beat expectations for its fourth quarter, ended April 2, posting revenue of US$1.535 billion and earnings of $0.40 per share, excluding charges. The company’s consumer business — which accounts for 31 percent of sales — was up 9 percent year over year. Company results were helped by a strengthening U.S. currency. CEO Enrique Salem said he was pleased with the results, noting that the company’s hosted security services, data loss prevention and backup businesses all did well.”]

Source: https://www.csoonline.com/article/2125079/symantec-turns-a-profit.html

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