Rvenue for the fourth quarter was $1.63 billion, down 7% year-over-year. Net income was $217 million, up 14% year-over-year. Earnings per share of 31 cents were up 15% year-over-year.
For the fiscal year, revenue was $6.68 billion, down 3%. Net income was $898 million, up 19% year-over-year. Earnings per share were $1.28, up 21% year-over-year.
- The net income growth from the same quarter one year ago has significantly exceeded that of the Software industry average, but is less than that of the S&P 500. The net income increased by 31.0% when compared to the same quarter one year prior, rising from $216.00 million to $283.00 million.
- SYMANTEC CORP has improved earnings per share by 33.3% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, SYMANTEC CORP reported lower earnings of $1.05 versus $1.57 in the prior year. This year, the market expects an improvement in earnings ($1.86 versus $1.05).
- The gross profit margin for SYMANTEC CORP is currently very high, coming in at 88.15%. Regardless of SYMC's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 16.59% trails the industry average.
- SYMC, with its decline in revenue, underperformed when compared the industry average of 5.7%. Since the same quarter one year prior, revenues slightly dropped by 4.8%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
- You can view the full analysis from the report here: SYMC Ratings Report