Symantec's Q3 To Be Driven By Growth Across Consumer And Enterprise Segments - News Summed Up

Symantec's Q3 To Be Driven By Growth Across Consumer And Enterprise Segments


Enterprise security revenues are expected to increase around 4% (adjusted for acquisitions) or 23% without adjustments. Similarly, Consumer segment revenues are forecast to increase 26% to $2.1 billion, while adjusted growth is expected to be around 2% over FY’17 levels. Enterprise revenues were up 26% y-o-y to $1.3 billion through the two quarters of fiscal 2018. On the other hand, Symantec’s Consumer segment has declined by 14% on an annual basis in recent years. Symantec’s Consumer Security business is typically higher-margin in nature relative to the Enterprise Security segment.


Source: Forbes January 30, 2018 14:37 UTC



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