Categories Earnings, Technology

Symantec Corporation (NASDAQ: SYMC): Q2 2020 Earnings Snapshot

— Symantec Corporation (NASDAQ: SYMC), which has been rechristened as NortonLifeLock (NASDAQ: NLOK) after the Broadcom buyout, reported earnings of $1.22 per share for the second quarter of 2020.

— Revenues declined to $608 million from $612 million in the same period of last year

— Net income was $785 million, compared to a loss of $8 million a year earlier

— Confirmed intent to issue a $12 per share special dividend to shareholders, to be declared and distributed in Q4

— Raises quarterly dividend to $0.125 per share, or $0.50 on an annual basis

— Expects revenue in the range of $602 million to $612 million for fiscal 2020

— Expects full-year adjusted earnings to be in the range of $0.05 per share to $0.10 per share

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top