In its most recent quarterly earnings report,
reported its tenth consecutive quarter of record revenues. The company pulled in US$250.6 million for its fourth fiscal quarter, which ended March 30th, an increase of 15 percent year over year. Annual revenue for the company’s fiscal year 2001 totalled $944.2 million, or a 14 percent boost over 2000 earnings.
Symantec chairman, president and CEO John W. Thompson attributes his company’s strong earnings to a continued emphasis on Internet security purchases, by consumers and enterprise customers alike.
“Our enterprise solutions continue to gain market share both here and abroad while our consumer products remain the market leader. Our transformation of Symantec into a global leader of enterprise solutions is on track with enterprise revenue growing 35 percent from the same period last year and accounting for 65 percent of total revenues,” said Thompson.
Earnings per share for the quarter rose to $0.62, a 13 percent increase for the same quarter last year. Earnings per share for the year totalled $2.35, a 25 percent boost over 2000.
Although most of Symantec’s product line is developed to be PC-compatible, the company does offer a number of
as part of its Norton brand, including AntiVirus, Utilities, Personal Firewall, and others.