Symantec profit rises, beats Wall Street view

Reuters News
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Posted: Jul 27, 2011 4:19 PM
Symantec profit rises, beats Wall Street view

BOSTON (Reuters) - Symantec Corp, the top maker of computer security software, posted profit ahead of Wall Street projections for a fourth consecutive quarter.

The company reported profit, excluding items, of 40 cents per share, during the first quarter ended July 1, beating the average analyst forecast of 37 cents, according to Thomson Reuters I/B/E/S.

It posted revenue of $1.65 billion. Analysts were expecting revenue of $1.59 billion.

(Reporting by Jim Finkle; Editing by Richard Chang)