Symantec provides security, storage and systems management solutions that help consumers secure and manage their information. The Company operates through three segments: consumer security, enterprise security and information management. The consumer security segment offers Norton-branded services that provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals, families and small businesses. The enterprise security segment provides secure socket layer certificates, authentication, mail and web security, data center security, data loss prevention, information security services, endpoint security and management, encryption and mobile security services. The information management segment focuses on backup and recovery, archiving and e-discovery, storage and high availability solutions helping to ensure that its customers’ IT infrastructure and mission-critical applications are protected, managed and available.
Company Growth (employees)
Symantec was founded in 1982 and is headquartered in Mountain View, US
Key People/Management at Symantec
Greg Clark
Chief Executive Officer
Nick Noviello
Executive Vice President and Chief Financial Officer
Amy Cappellanti-Wolf
SVP & CHRO
Sheila Jordan
SVP & Chief Information Officer
Fran Rosch
EVP
Scott Taylor
Executive Vice President, General Counsel and Secretary
Symantec Office Locations
Symantec has offices in Mountain View, Chennai, Lindon, Culver City and in 74 other locations
Mountain View, US (HQ)
350 Ellis Street
Symantec Financials and Metrics
Symantec Financials
Symantec's revenue was reported to be $4 b in FY, 2017 which is a 12% increase from the previous period.
USD
Revenue (FY, 2017) | 4 b |
Revenue growth (FY, 2016 - FY, 2017), % | 12% |
Gross profit (FY, 2017) | 3.2 b |
Gross profit margin (FY, 2017), % | 79% |
Net income (FY, 2017) | (106 m) |
EBIT (FY, 2017) | (100 m) |
Market capitalization (20-Oct-2017) | 19.9 b |
Cash (31-Mar-2017) | 4.2 b |
EV | 23.8 b |
Symantec's current market capitalization is $19.9 b.
- Source: SEC Filings
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Revenue | 4 b | 3.6 b | 4 b |
Revenue growth, % | (9%) | 12% | |
Cost of goods sold | 727 m | 615 m | 853 m |
Gross profit | 3.2 b | 3 b | 3.2 b |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|
Revenue | 1.7 b | 1.6 b | 1.6 b | 1.5 b | 1.5 b | 884 m | 979 m | 1 b |
Cost of goods sold | 309 m | 278 m | 279 m | 254 m | 264 m | 149 m | 210 m | 235 m |
Gross profit | 1.4 b | 1.3 b | 1.4 b | 1.2 b | 1.2 b | 735 m | 769 m | 806 m |
Gross profit Margin, % | 82% | 83% | 83% | 83% | 82% | 83% | 79% | 77% |
- Source: SEC Filings
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Cash | 2.8 b | 6 b | 4.2 b |
Accounts Receivable | 700 m | 556 m | 649 m |
Current Assets | 5.4 b | 7 b | 5.3 b |
PP&E | 950 m | 957 m | 937 m |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|
Cash | 3.1 b | 3 b | 2.8 b | 3 b | 3.1 b | 6.1 b | 5.6 b | 5.6 b |
Accounts Receivable | 685 m | 722 m | 982 m | 604 m | 738 m | 314 m | 459 m | 557 m |
Inventories | 11 m | 11 m | 12 m | |||||
Current Assets | 5.3 b | 5 b | 5.3 b | 5 b | 4.7 b | 6.8 b | 6.5 b | 6.5 b |
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Net Income | 878 m | 2.5 b | (106 m) |
Depreciation and Amortization | 147 m | ||
Accounts Receivable | 45 m | ||
Accounts Payable | (67 m) |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|
Net Income | 236 m | 244 m | 222 m | 117 m | 156 m | 135 m | (144 m) | 46 m |
Depreciation and Amortization | 13 m | 13 m | 12 m | 13 m | 10 m | 14 m | 34 m | 43 m |
Accounts Receivable | 738 m | 314 m | 459 m | 557 m | ||||
Accounts Payable | 230 m | 219 m | 212 m | 184 m | 326 m | 115 m | 139 m | 143 m |
| USD | Y, 2017 |
|---|---|
EV/EBIT | -238.3 x |
EV/CFO | -108.3 x |
Revenue/Employee | 365.4 k |
Debt/Equity | 2.3 x |
Debt/Assets | 0.5 x |
Financial Leverage | 5.2 x |
Symantec Operating Metrics
Symantec's Customers was reported to be 350 k in FY, 2016
Symantec Market Value History
Symantec Revenue Breakdown
Symantec Median Salaries
Source: 1.3 k public H-1B filings from Symantec
Market Position of Symantec
Traffic Overview of Symantec
Symantec Online and Social Media Presence
Symantec News and Updates
October 20, 2017
Internet of Things (IoT) Security Market 2017 Global Analysis, Opportunities and Forecast To 2022
Internet of Things (IoT) Security -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022 Posted via Industry Today. Follow us on Twitter @IndustryToday
October 20, 2017
Why educating employees about cyber security isn’t the solution to stopping cyber breaches
Minimising human error is an essential part of a robust cyber security strategy.
October 10, 2017
Exclusive: Symantec CEO says source code reviews pose unacceptable risk
WASHINGTON (Reuters) - U.S.-based cyber firm Symantec is no longer allowing governments to review the source code of its software because of fears the agreements would compromise the security of its products, Symantec Chief Executive Greg Clark said in an interview with Reuters.
October 10, 2017
Exclusive: Symantec CEO says source code reviews pose unacceptable risk
WASHINGTON (Reuters) - U.S.-based cyber firm Symantec is no longer allowing governments to review the source code of its software because of fears the agreements would compromise the security of its products, Symantec Chief Executive Greg Clark said in an interview with Reuters.
October 05, 2017
How Sentara Healthcare is building a pipeline of cybersecurity talent
The hospital's information security department has established a Cyber Student Staffing Program for recruiting students to be future cybersecurity workers.
October 05, 2017
Phishing attacks attacking more businesses than ever
One in nine users have recevied a malicious email this year, Symantec report finds.