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COMPANY RESULT: SYMANTEC CORP.


Symantec (Symantec Corporation, Cupertino, CA, www.symantec.com) A software company founded in 1982 by Dr. Gary Hendrix. It was acquired by Gordon Eubanks in 1984 and released its Q&A file manager the following year. In 1990, it merged with Peter Norton Computing, Inc.  Corp, Cupertino Cu·per·ti·no  

A city of western California west of San Jose. It has an electronics industry. Population: 50,000.
, California-based maker of utilities software, has reported third-quarter net income down 25.6% at $16.2m on revenue up 11.3% at $165.1m. Nine-month net income fell 78.3% to $13.2m on revenue up 8.5% at $458.3m. Earnings per share fell 24.3% to $0.28 for the quarter and 77.5% to $0.23 for the nine months. Results include pre-tax pre-tax adjanterior al impuesto

pre-tax adjavant impôt(s)

pre-tax adjal lordo d'imposta 
 acquisition and restructuring charges restructuring charge

The expense of reorganizing a company's operations. A restructuring charge is an infrequent expense that generally results from asset writedowns or facility closings.
 of $7.6m and $53.8m for the quarter and nine months, respectively. Nine-month results also include an acquisition-related tax benefit of $8.1m.
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Publication:Computergram International
Geographic Code:1USA
Date:Jan 15, 1999
Words:97
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