NLOK

Nov. 7, 2017 Summary Symantec reported the results of its fiscal Q2 last week. The results were a beat on revenues and a miss in terms of reported EPS, primarily driven by one-time costs related to prior and current transactions. The results were said to be a guide-down compared to prior expectations. Careful inspection suggests…

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May 18, 2017 Summary Symantec reported the results of its fiscal Q4 last week. The results disappointed some investors, particularly as the shares had recently achieved an all-time high. Looked at a bit more carefully, the results were in fact quite encouraging and portrayed a company whose strategy is showing very positive trends. The company…

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Feb. 3, 2017 Summary Symantec reported the results of its fiscal Q3 yesterday. The results were another beat of some magnitude and especially so given currency headwinds. Q4 and 2018 guidance, again considering currency headwinds, represented a small raise. The company is seeing progress in terms of both margins and in revenue growth in its…

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Dec. 7, 2016 Summary Symantec reported the initial results of operations as a merged entity with Blue Coat. Soon thereafter, the company announced its agreement to acquire LifeLock. The results of these mergers as well as operational enhancements are significantly changing expected growth rates and profitability of the “new” Symantec. So far, the changes to…

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June 21, 2016 Summary About a week ago, Symantec announced its plans to acquire privately held Blue Coat for $4.65 billion. The combined company acquired a new CEO in Greg Clark who has been CEO at Blue Coat. The company will get about 27% of the purchase price from investments by Silver Lake and Bain…

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