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Symantec Corp Reaffirms FY 2014 Revenue Guidance; Issues FY 2014 EPS Guidance Below Analysts' Estimates; Issues Q1 2014 Guidance Below Analysts' Estimates-Conference Call


Tuesday, 7 May 2013 09:00pm EDT 

Symantec Corp announced that for fiscal 2014, it remain committed to revenue guidance of 0% to 2% growth and expects non-GAAP EPS to grow between 5% and 7%. For the first quarter of 2013, it expects GAAP revenue to be in the range of $1.61 billion to $1.65 billion, compared to $1.67 billion in the year-ago period, GAAP earnings per share (EPS) to be between $0.11 and $0.12 and Non-GAAP earnings per share to be between $0.35 and $0.36. The Company reported revenue of $6.906 billion and EPS of $1.77 in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.69 billion and EPS of $0.44 for the first quarter of 2014; revenue of $6.992 billion and EPS of $1.92 for fiscal 2014.