Symantec To Capitalise On Cloud, Mobile, Virtualisation

Symantec Corp. has reported the results of its first quarter of fiscal year 2012, ended July 1, 2011.
GAAP revenue for the fiscal first quarter was $1.653 billion, up 15 percent year-over-year and up 9 percent after adjusting for currency.

Elaborating on the results and Symantec’s plans for the future, Enrique Salem, president and chief executive officer, Symantec said, “The current threat landscape continues to be toxic and targeted. In addition, information is growing at unprecedented rates. As a result, customers increasingly understand the value of our unique portfolio and are expanding their commitment to Symantec. For the fourth consecutive quarter, we exceeded all of our key financial metrics."

“We are capitalising on new growth opportunities in cloud, mobile and virtualisation and will continue to deliver new solutions to help both consumers and enterprises securely access and use information across multiple devices and platforms,” said Salem.