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Symantec Corp (SYMC.OQ)

SYMC.OQ on NASDAQ Stock Exchange Global Select Market

27.71USD
20 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Finjan Holdings Says Under Settlement With Symantec, Symantec Parties To Obtain License To Co's Patents
Thursday, 1 Mar 2018 03:56pm EST 

March 1 (Reuters) - Finjan Holdings Inc ::FINJAN HOLDINGS - UNDER SETTLEMENT WITH SYMANTEC, SYMANTEC PARTIES TO OBTAIN LICENSE TO CO'S PATENTS.FINJAN HOLDINGS - UNDER SETTLEMENT WITH SYMANTEC, SYMANTEC PARTIES TO PAY CO'S PARTIES $65 MILLION IN CASH WITHIN 20 DAYS OF EFFECTIVE DATE OF SETTLEMENT.FINJAN HOLDINGS- UPON ACQUISITION BY SYMANTEC OF SOME ENTITIES WITHIN 4 YRS FROM EFFECTIVE DATE, SYMANTEC PARTIES TO PAY LICENSE FEES OF UPTO $45 MILLION.  Full Article

Finjan And Symantec Enter Into Confidential Definitive Agreement
Thursday, 1 Mar 2018 03:22pm EST 

March 1 (Reuters) - Finjan Holdings Inc ::FINJAN AND SYMANTEC ENTER INTO A CONFIDENTIAL DEFINITIVE AGREEMENT.FINJAN HOLDINGS - ‍ENTERED INTO CONFIDENTIAL DEFINITIVE DEAL ON FEB 28, WHEREBY COS RESOLVED ALL PENDING DISPUTES​.  Full Article

Finjan And Symantec Have Entered Into A Confidential Term Sheet
Monday, 12 Feb 2018 08:30am EST 

Feb 12 (Reuters) - Finjan Holdings Inc ::FINJAN AND SYMANTEC HAVE ENTERED INTO A CONFIDENTIAL TERM SHEET.‍FINJAN HOLDINGS - CO, UNIT ANNOUNCED THAT FINJAN'S PATENT INFRINGEMENT RETRIAL AGAINST BLUE COAT SYSTEMS SET TO START ON FEB 12, HAS BEEN VACATED​.‍FINJAN HOLDINGS SAYS FINJAN AND BLUE COAT'S PARENT, SYMANTEC CORPORATION HAVE ENTERED INTO A CONFIDENTIAL TERM SHEET​.‍FINJAN HOLDINGS SAYS FINJAN EXPECTS THAT A DEFINITIVE AGREEMENT WILL BE FINALIZED BY NO LATER THAN FEBRUARY 28, 2018​.  Full Article

Symantec Says Working With Microsoft To Provide Added Protection To Microsoft Azure
Wednesday, 7 Feb 2018 09:00am EST 

Feb 7 (Reuters) - Symantec::SYMANTEC PROVIDES ADDED PROTECTION FOR MICROSOFT AZURE AND OFFICE 365.SYMANTEC - WORKING WITH MICROSOFT TO BRING APPLICATIONS THAT PROVIDE ADDED LAYER OF PROTECTION TO MICROSOFT AZURE.  Full Article

Symantec Q3 Earnings Per Share $2.01
Wednesday, 31 Jan 2018 04:05pm EST 

Jan 31 (Reuters) - Symantec Corp ::SYMANTEC REPORTS THIRD QUARTER FISCAL YEAR 2018 RESULTS.Q3 REVENUE $1.209 BILLION VERSUS I/B/E/S VIEW $1.27 BILLION.QTRLY EARNINGS PER SHARE $2.01.QTRLY ADJUSTED EARNINGS PER SHARE $0.49.SEES Q4 GAAP REVENUE $1,164 MILLION - $1,194 MILLION.QTRLY NON-GAAP REVENUE $1,234 MILLION VERSUS $1,088 MILLION LAST YEAR‍​.SEES Q4 NON-GAAP REVENUE $1,175 MILLION - $1,205 MILLION.SEES Q4 2018 EARNINGS PER SHARE BETWEEN LOSS OF $0.07 AND LOSS OF $0.03.CASH FLOW FROM OPERATIONS IN FISCAL YEAR 2018 EXPECTED TO BE NEAR THE HIGH-END OF PRIOR GUIDANCE RANGE.SEES Q4 2018 ADJUSTED EARNINGS PER SHARE BETWEEN $0.37 AND $0.41.Q3 EARNINGS PER SHARE VIEW $0.44 -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE VIEW $0.50, REVENUE VIEW $1.28 BILLION -- THOMSON REUTERS I/B/E/S.EXCLUDED FROM THE NON-GAAP TAX PROVISION THE ONE-TIME PROVISIONAL BENEFIT OF $810 MILLION IN QTR‍​.$810 MILLION BENEFIT IN QUARTER REFLECTS THE ADJUSTMENTS TO INCOME TAX EXPENSE RELATED TO THE DISCRETE EFFECTS OF U.S. INCOME TAX REFORM.  Full Article

Shieldx Networks Secures $25 Mln In Series B Funding
Tuesday, 12 Dec 2017 09:00am EST 

Dec 12 (Reuters) - Symantec Corp ::SHIELDX NETWORKS SECURES $25M IN SERIES B FUNDING.SHIELDX NETWORKS - CLOSED $25M SERIES B ROUND OF FUNDING WITH NEW INVESTORS INCLUDING ASHAR AZIZ, DIMENSION DATA AND SYMANTEC VENTURES.  Full Article

Symantec selects Amazon Web services to deliver cloud security to global customers
Wednesday, 22 Nov 2017 04:30pm EST 

Nov 22 (Reuters) - Amazon.Com Inc :Symantec selects Amazon Web services to deliver cloud security to global customers.  Full Article

Symantec to acquire SurfEasy Inc
Monday, 6 Nov 2017 04:10pm EST 

Nov 6 (Reuters) - Symantec Corp :Symantec announces acquisition of SurfEasy Inc.Symantec Corp - ‍SurfEasy will become part of Symantec's consumer business unit, which includes Norton and Lifelock brands​.  Full Article

Opera Software sells Surfeasy business to Symantec
Monday, 6 Nov 2017 09:48am EST 

Nov 6 (Reuters) - Opera Software Asa ::‍to sell its surfeasy business to symantec corporation​‍.closing of transaction took place simultaneously with entering into of agreement and all conditions for completion have therefore been fulfilled.‍transaction values surfeasy to an enterprise value of usd 38.5m​.‍purchase price consists of an all cash consideration, of which 85% is paid to opera at closing. .Remaining 15% will be held in escrow for up to 15 months​.‍surfeasy will be excluded from opera's financials as of 6 november 2017​.‍carnegie acted as financial advisor to opera in relation to transaction​.  Full Article

Symantec Corp reports qtrly non-GAAP EPS $0.40​
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - Symantec Corp :Symantec reports second quarter fiscal year 2018 results.Q2 revenue $1.24 billion versus I/B/E/S view $1.27 billion.Symantec Corp - qtrly GAAP revenue $1,240​ million versus $979 million last year.Symantec Corp - sees q3 GAAP ‍revenue $1,227 million to $1,257​ million.Symantec Corp - sees ‍q3 non-GAAP revenue $1,250 million to $1,280​ million.Symantec Corp - sees q3 non-GAAP EPS ‍$0.42 to $0.46​.Symantec Corp - qtrly ‍non-GAAP revenue $1,276 million versus $1,015​ million.Symantec Corp - qtrly ‍non-GAAP EPS $0.40​.Symantec Corp - sees fiscal 2018 GAAP ‍revenue $4,877 million to $4,977​ million.Symantec Corp - sees ‍fiscal 2018 non-GAAP revenue $5,000 million to $5,100​ million.Symantec Corp - sees ‍fiscal 2018 non-GAAP EPS $1.66 - $1.76​.Symantec Corp - qtrly non-GAAP EPS $0.40​.Symantec Corp - qtrly ‍GAAP loss per share $0.02​.Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.51, revenue view $1.32 billion -- Thomson Reuters I/B/E/S.Fy2018 earnings per share view $1.80, revenue view $5.16 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Symantec And NTT Security Announce Planned Strategic Partnership To Securely Manage Web Applications

* SYMANTEC AND NTT SECURITY ANNOUNCE PLANNED STRATEGIC PARTNERSHIP TO SECURELY MANAGE WEB APPLICATIONS