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Symantec Q3 profit beats Street

Source : BUSINESS_STANDARD
Last Updated: Wed, Jan 23, 2013 20:10 hrs

Symantec Corp beat earnings expectations and said it is splitting the chief executive and chairman jobs ahead of a Wednesday meeting to unveil a new strategy it hopes will end years of investor disappointment. Symantec, the maker of Norton anti-virus software, reported profit of 45 cents per share, excluding items, for its fiscal third quarter ended December 28. That topped the average analyst estimate of 38 cents, according to a poll by Thomson Reuters.

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