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Symantec Corp (SYMC.OQ)

SYMC.OQ on NASDAQ Stock Exchange Global Select Market

27.98USD
8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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

Symantec Corp files for offering of up to 1.0 million shares of common stock
Friday, 20 Oct 2017 07:51pm EDT 

Oct 20 (Reuters) - Symantec Corp ::Symantec Corp files for offering of up to 1.0 million shares of common stock by the selling stockholders.  Full Article

T. Rowe Price Associates reports a 11.3 pct passive stake in Symantec
Tuesday, 10 Oct 2017 11:39am EDT 

Oct 10 (Reuters) - T. Rowe Price Associates Inc: :Reports a 11.3 pct passive stake in Symantec Corp as of September 30 - SEC filing ‍​.  Full Article

Bharti Airtel, Symantec partner to offer cyber security solutions to businesses in India
Monday, 28 Aug 2017 03:35am EDT 

Aug 28 (Reuters) - Bharti Airtel Ltd ::Says Airtel and Symantec enter strategic partnership to offer cyber security solutions to businesses in India.Under agreement, Airtel will be exclusive cyber security services partner for Symantec in India.  Full Article

Symantec CEO Gregory Clark's total compensation for 2017 was $6.1 mln
Wednesday, 16 Aug 2017 04:42pm EDT 

Aug 16 (Reuters) - Symantec Corp ::Symantec Corp - CEO Gregory Clark's total compensation for 2017 was $6.1 million - SEC filing‍​.Symantec Corp - former chief executive officer Michael Brown's total compensation for 2017 was about $13 million.  Full Article

Symantec says ‍Digicert Entities to pay $110 mln on termination of the deal
Friday, 4 Aug 2017 04:30pm EDT 

Aug 4 (Reuters) - Symantec Corp -:Symantec Corp says ‍if deal is terminated, Digicert Entities will collectively be required to pay co $110 million as termination fee - SEC filing.  Full Article

Symantec says recent ransomware attacks drove improved activity across Norton portfolio
Wednesday, 2 Aug 2017 05:00pm EDT 

Aug 2 (Reuters) - Symantec Corp : :Symantec Corp says "From a demand perspective, we believe recent ransomware attacks drove improved activity across our Norton portfolio" - Conf call.Symantec- When we report Q2 earnings in Nov, expect website security will be reported as part of discontinued operations - Conf call.Symantec- Expect combined impact of transaction with DigiCert on FY basis to fiscal 2018 operating income would be reduction of about $235 million - Conf call.Symantec says excluding Website Security for rest of FY, expect EPS to be about $0.20 lower in fiscal 2018 relative to original guidance- Conf call.Symantec says for fiscal 2019 and fiscal 2020, continue to expect total organic revenue growth to be mid- to high single digits - Conf call.Symantec- Post divestiture (of Website Security business), expect to get to high single digit total organic revenue growth faster than expected.Symantec says updated fiscal year 2018 guidance to reflect the favorable foreign currency benefit - Conf call.  Full Article

BRIEF-Symantec selects Amazon Web services to deliver cloud security to global customers

* Symantec selects Amazon Web services to deliver cloud security to global customers Source text for Eikon: Further company coverage: