MOUNTAIN VIEW, Calif. (AP) _ Symantec Corp. (SYMC) on Wednesday reported a fiscal fourth-quarter loss of $143 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Mountain View, California-based company said it had a loss of 23 cents. Earnings, adjusted for one-time gains and costs, were 28 cents per share.
The results met Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share.
The security software maker posted revenue of $1.12 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $1.18 billion.
For the year, the company reported a loss of $106 million, or 17 cents per share, swinging to a loss in the period. Revenue was reported as $4.02 billion.
For the current quarter ending in July, Symantec expects its per-share earnings to range from 28 cents to 32 cents.
The company said it expects revenue in the range of $1.13 billion to $1.16 billion for the fiscal first quarter. Analysts surveyed by Zacks had expected revenue of $1.28 billion.
Symantec expects full-year earnings in the range of $1.75 to $1.85 per share, with revenue ranging from $4.98 billion to $5.08 billion.
Symantec shares have risen 39 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 7 percent. In the final minutes of trading on Wednesday, shares hit $33.14, a rise of 97 percent in the last 12 months.
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