Symantec CEO Plans ‘Lifecycle’ Shift After Mixed Q1

By | May 8, 2014

Scalper1 News

Big tech security company Symantec (SYMC), in mid-overhaul with a new interim CEO, indicated that more changes are ahead as it delivered a mixed quarterly report Thursday afternoon. Symantec stock, down 15% year to date through Thursday’s close, rose 2% after hours as earnings came in at 47 cents a share for its fourth quarter of fiscal year 2014. That was a nickel ahead of the consensus of analysts polled by Thomson Reuters and 7% higher than a Scalper1 News

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