Symantec beats Street in Q3, announces buyback

Summary:Symantec Corp. on Wednesday reported third quarter results that handily beat consensus estimates and announced a massive stock buyback.

Symantec Corp. on Wednesday reported third quarter results that handily beat consensus estimates and announced a massive stock buyback. After market close, the maker of security and utility software reported fiscal third quarter net income of $51.4 million, or 78 cents per share, excluding special charges. Analyst consensus predicted a profit of 73 cents per share, according to earnings tracking firm First Call. Full story. --Sergio G. Non, ZDNet Inter@ctive Investor

Topics: Symantec, Security

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