Symantec Indicates Second Quarter Results
CUPERTINO, Calif. - Oct. 6, 1998 -Symantec Corporation (Nasdaq:
SYMC) today announced it expects revenues for the quarter ended
October 2, 1998 to be approximately 10% below analysts' estimates.
Preliminary earnings per share for the second quarter of fiscal year
1999 are expected to be $0.18, before one-time charges.
Forward looking statement
This press release contains forward-looking statements. There are
certain important factors that could cause Symantec's future
development efforts to differ materially from those anticipated by
some of the statements made above. Among these are the anticipation of
the growth of certain market segments, the positioning of Symantec's
products in those segments, the competitive environment in the
software industry, dependence on other products, changes to operating
systems and product strategy by vendors of operating systems, and the
importance of new Symantec products. Additional information concerning
those and other factors is contained in the "Risk Factors" section of
the company's annual report on Form 10-K for the fiscal year ended
April 3, 1998.
Symantec is the world leader in utility software for business and personal computing.
Symantec products and solutions help make users productive and keep their computers
safe and reliable anywhere and anytime. Symantec offers a broad range of solutions
and is acclaimed as a leader in both customer satisfaction and product brand
recognition. Symantec is traded on Nasdaq under the symbol SYMC. More information
on the company and its products can be obtained at www.symantec.com.
NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products,
view the Symantec Press Center at www.symantec.com/PressCenter/
on Symantec's Website.
Brands and products referenced herein are the trademarks or registered trademarks of their
respective holders. All prices noted are in US dollars and are valid only in the United States.