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.

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Type
Public
HQ
Mountain View, US
Founded
1982
Size (employees)
13,000 (est)
Symantec was founded in 1982 and is headquartered in Mountain View, US
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Key People/Management at Symantec

Greg Clark

Greg Clark

Chief Executive Officer
Michael Fey

Michael Fey

President and Chief Operating Officer
Nick Noviello

Nick Noviello

Executive Vice President and Chief Financial Officer
Scott Taylor

Scott Taylor

Executive Vice President, General Counsel and Secretary
Brian Kenyon

Brian Kenyon

Chief Strategy Officer
Hugh Thompson

Hugh Thompson

Chief Technology Officer
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Symantec Office Locations

Symantec has offices in Tokyo, San Diego, Tempe, Karachi and in 73 other locations
Mountain View, US (HQ)
350 Ellis Street
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Symantec Financials and Metrics

Symantec Financials

Symantec's revenue was reported to be $4.02 b in FY, 2017 which is a 11.6% increase from the previous period.
USD

Revenue (FY, 2017)

4 b

Revenue growth (FY, 2016 - FY, 2017), %

11.6%

Gross profit (FY, 2017)

3.2 b

Gross profit margin (FY, 2017), %

78.8%

Net income (FY, 2017)

(106 m)

EBIT (FY, 2017)

(100 m)

Market capitalization (23-May-2018)

13.3 b

Closing share price (23-May-2018)

21.3

Cash (29-Dec-2017)

2.1 b

EV

16.7 b
Symantec's current market capitalization is $13.3 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

4 b3.6 b4 b

Revenue growth, %

(9%)12%

Cost of goods sold

727 m615 m853 m

Gross profit

3.2 b3 b3.2 b
Quarterly
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q1, 2018Q3, 2018

Revenue

1.6 b1.7 b1.6 b1.7 b1.6 b1.5 b1.5 b909 m884 m979 m1.2 b3.6 b

Cost of goods sold

284 m283 m278 m309 m279 m264 m254 m150 m149 m210 m257 m768 m

Gross profit

1.4 b1.4 b1.3 b1.4 b1.4 b1.2 b1.2 b759 m735 m769 m918 m2.9 b

Gross profit Margin, %

83%83%83%82%83%82%83%83%83%79%78%79%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

2.8 b6 b4.2 b

Accounts Receivable

700 m556 m649 m

Current Assets

5.4 b7 b5.3 b

PP&E

950 m957 m937 m
Quarterly
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q1, 2018Q3, 2018

Cash

3.7 b3.8 b3 b3.1 b2.8 b3.1 b3 b2.2 b6.1 b5.6 b2.3 b2.1 b

Accounts Receivable

573 m892 m722 m685 m982 m738 m604 m490 m314 m459 m468 m666 m

Inventories

16 m13 m11 m11 m12 m

Current Assets

5 b5.3 b5 b5.3 b5.3 b4.7 b5 b7.2 b6.8 b6.5 b3.2 b3.6 b
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

878 m2.5 b(106 m)

Depreciation and Amortization

147 m

Accounts Payable

(67 m)

Cash From Operating Activities

1.3 b796 m(220 m)
Quarterly
USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q3, 2018

Net Income

241 m283 m244 m236 m222 m273 m117 m443 m135 m(144 m)1.2 b

Depreciation and Amortization

13 m13 m12 m202 m13 m224 m14 m34 m

Accounts Payable

219 m230 m212 m50 m184 m61 m115 m139 m5 m

Cash From Operating Activities

434 m546 m684 m
USDY, 2017

EV/EBIT

-167 x

EV/CFO

-75.9 x

Revenue/Employee

321.5 k

Financial Leverage

3.2 x
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Symantec Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017

End Points Protected

175 m175 m175 m

Patents (US)

2.20 k2.70 k1.70 k2.10 k

Countries

50 50 35 40

Threat Response Centers

9 9 9
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Symantec Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SurfEasy November 06, 2017
Fireglass (45)July 06, 2017
LifeLock November 20, 2016$2.30 b
Blue Coat June 13, 2016$4.65 b
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Symantec News and Updates

Malware Infects 500,000 Routers and Network Devices in 54 Countries, What You Should Do

A new pervasive cyberthreat has been discovered in the devices of many small business and home workers. Amazingly, it probably could have been prevented (and possibly eliminated)with a simple DIY fix.

Protecting Your Most High-Value Assets with the NIST Cybersecurity Framework

We’ve previously talked about adopting the CSF and identifying your most valuable assets and data. Now it’s time to discuss the next phase, Protect, which ensures that data at rest and in transit is secure. The post Protecting Your Most High-Value Assets with the NIST Cybersecurity Framework appeare…

Symantec probes accounting, says likely no impact on past results

(Reuters) - Symantec Corp on Monday said it did not expect an internal accounting probe that it disclosed last week to have a material impact on its past financial statements, helping allay investor concerns.

Symantec investigating certain accounting measures

(Reuters) - Symantec Corp said on Monday it is investigating the reporting of certain accounting measures including those that could impact executive compensation and some forward-looking statements, but added it does not see a material impact on its past financial statements from the probe.

Symantec says investigating reporting of certain accounting measures

May 14 (Reuters) - Symantec Corp said on Monday it is investigating company's reporting of certain non-GAAP measures including those that could impact executive compensation programs, stock trading plans, following concerns raised by a former employee.
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