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Symantec Profits Soar on Strong Sales

Stock quotes in this article: SYMC , EMC , MFEE  

Symantec (SYMC Quote)'s profits almost tripled in its second-quarter results, boosted by strong sales of its storage and server management products.

Second-quarter net income rose to $140 million, or 16 cents a share, compared with $50 million, or 6 cents a share, a year earlier.

Excluding charges, the company posted net income of $311 million, or 37 cents a share, compared to $263 million, or 29 cents a share, a year ago. Analysts expected earnings, excluding charges, of 35 cents a share. ...

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