Symantec earnings rise as results top forecasts

MarketWatch.com - MarketPulse SAN FRANCISCO (MarketWatch) -- Symantec Corp. on Wednesday reported a fiscal third-quarter profit of $283 million, or 40 cents a share, on revenue of $1.71 billion. During the same period a year ago, the network-security technology company earned $212 million, or 30 cents a share, on $1.79 billion in revenue. Excluding one-time items, Symantec would have earned $358 million, or 51 cents a share. Analysts surveyed by FactSet had forecast Symantec to earn 43 cents a share on $1.65 billion in sales for the quarter ended Dec. 27.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.