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Shares of Symantec Corp. (SYMC - Get Report) rose 8.99% to $22.91 Friday after the security software maker beat Wall Street's third-quarter earnings expectations.

The Mountain View, Calif.-based company reported earnings of $65 million or 10 cents a share, compared with a profit of $1.34 billion, or $2.01 a share, a year ago. Adjusted earnings came in at 44 cents a share, beating analysts' expectations of 39 cents a share.

Revenue totaled $1.21 billion, beating Wall Street's forecast of $1.18 billion.

For the current quarter ending in March, Symantec said it expects earnings to range from 37 cents to 41 cents a share. Symantec said it is expecting revenue in the range of $1.19 billion to $1.22 billion for the fiscal fourth quarter. Analysts had expected revenue of $1.21 billion. 

Symantec said it expects full-year earnings in the range of $1.57 to $1.61 a share, with revenue between $4.76 billion and $4.79 billion.

Separately, Symantec said Chief Financial Officer Nicholas Noviello will be stepping down to pursue other opportunities. President and CEO Greg Clark said Noviello, who was appointed in December 2016, will remain in the role until mid-year as the company searches for a replacement.

"Nick's financial expertise, tireless efforts to drive integration and transformation across the company, and focus on improving our business systems and operational processes have laid a strong foundation for Symantec's future," Clark said in a statement.

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