Symantec fiscal 1Q net income more than doubles
MOUNTAIN VIEW, Calif. — Symantec Corp. said Wednesday that its fiscal first-quarter net income more than doubled, but revenue missed Wall Street’s expectations in part because corporate customers were still cautious about spending on technology.
Symantec also projected fiscal second-quarter results below analyst estimates, and investors sent shares of …. Source article on Gaea Times at : Symantec posts higher fiscal 1st-qtr income but sees ‘continued cautiousness’ in IT spending.