Symantec is the global leader in cyber security

Symantec Corporation, the world’s leading cyber security company, helps organizations, governments and people secure their most important data wherever it lives. Organizations across the world look to Symantec for strategic, integrated solutions to defend against sophisticated attacks across endpoints, cloud and infrastructure. Likewise, a global community of more than 50 million people and families rely on Symantec’s Norton and LifeLock product suites to protect their digital lives at home and across their devices. Symantec operates one of the world’s largest civilian cyber intelligence networks, allowing it to see and protect against the most advanced threats.

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Symantec Named a Leader in Gartner Magic Quadrant for Managed Security Services, Worldwide May 14, 2019
Evaluation based on completeness of vision and ability to execute Symantec Corp. (NASDAQ: SYMC), the world’s leading cyber security company, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the Q2 2019 Magic Quadrant for Managed Security Services, Worldwide for the 15th time since the report’s inception in 2005. The Managed Security Services report evaluated 14 vendors based on completeness of vision and ability to execute against 15 criteria. According to the report, “For other organizations that have little to no security team and a lower security operations maturity, the expectations are that the MSSP will do more than just issue an alert and let the customer fend for itself. They need the MSSP to take an active role in analyzing, triaging, and then disrupting or containing the threat, i.e., they need the MSS to act as a first-level incident responder for them.” Symantec’s Managed Security Services (MSS) can transform an organization’s security...
Symantec Reports Fiscal Fourth Quarter and Full Year 2019 Results May 9, 2019
Q4 GAAP revenue of $1.189 billion and non-GAAP revenue of $1.195 billion Fiscal year 2019 GAAP revenue of $4.731 billion and non-GAAP revenue of $4.762 billion Cash flow from operating activities for fiscal year 2019 was $1.495 billion, up 57% year-over-year Company repurchased 11 million shares and retired $600 million in debt during the fourth quarter 2019 Symantec Corp. (NASDAQ: SYMC) today reported results for its fourth quarter and full fiscal year 2019 ended March 29, 2019. “We achieved company revenue in the fourth quarter in line with guidance and generated strong cash flow from operating activities,” said Richard S. Hill, Symantec Interim President and CEO. “Our Consumer Cyber Safety segment continued to deliver solid results, and we were pleased with increases in average revenue per user, both year-over-year and sequentially. However, our Enterprise Security revenue was below our guidance range due to lower than expected bookings, which led to year-over-year reported...
Symantec Announces Leadership Changes May 9, 2019
Board Member Rick Hill Appointed Interim President and CEO; Greg Clark Steps Down Seasoned Finance Executive Vincent Pilette Appointed EVP and CFO Symantec Corporation (NASDAQ: SYMC) (the “Company”) today announced the following leadership changes: Richard S. Hill, current Symantec director and former Chairman and CEO of Novellus Systems, has been appointed Interim President and Chief Executive Officer, effective immediately. Mr. Hill succeeds Greg Clark, who has stepped down as President and CEO and as a member of the Symantec Board, also effective immediately. The Company will commence a search process to find a permanent CEO. Vincent Pilette, CFO of Logitech and former VP of Finance for Hewlett Packard Enterprise’s server, storage and networking business, has been appointed Executive Vice President and Chief Financial Officer of Symantec. He is anticipated to join the Company on May 21, 2019. Mr. Pilette’s appointment follows a comprehensive search process initiated in connection...

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Internet Security Threat Report

ASC 606 Presentation