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Symantec announces fiscal results, highlights 35% growth

Symantec

Symantec has announced its results for the second quarter of fiscal year 2015. The results highlight growth in the enterprise backup, enterprise endpoint protection and DLP. The company believes that will achieve its set target in the coming time. The results also show that the company has achieved 35% year over year growth.

Speaking about the fiscal results, Michael A. Brown, president and CEO, said, “Symantec delivered solid results this quarter that demonstrate the underlying strengths of our security and information management businesses. We are pleased with the growth we achieved in enterprise endpoint security and data loss prevention. Strong performance in our NetBackup appliances accelerated from 35% year-over-year growth in the June quarter to 45% in the September quarter.”

He further added that, “In October, we released an upgrade to our flagship enterprise security product, Symantec Endpoint Protection, which improves our ability to stop targeted attacks, and we launched our Managed Adversary Threat Intelligence offering that provides enterprise customers with greater threat intelligence as to who is attacking them.”

Of late Symantec also revealed its plans to separate into two publicly traded companies, one focused on security, the other on information management.

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A reader at heart, this girl loves to express through writing. Her ears perk up as soon as she senses any tech molecule in the air. With the ability to use and navigate typical technologies she becomes a complete tech enthusiast. This post graduate in Mass Communication lives in the world of gadgets. Fiction, history and cartoons keep her busy in the free time. Her urge to grow mixed with excellent writing skills forces us to have her as a part of our workforce.

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