symantec IRFSQ308


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symantec IRFSQ308

  1. 1. INVESTOR FACT SHEET 3RD QUARTER FISCAL 08 - UPDATED JANUARY 2008 ABOUT SYMANTEC COMPANY INFORMATION Symantec is a global leader in infrastructure software, enabling businesses and consumers to have confidence in a connected world. The company helps customers protect their Traded: NASDAQ infrastructure, information, and interactions by delivering software and services that Symbol: SYMC address risks to security, availability, compliance, and performance. Headquartered in Headquarters: Cupertino, CA Cupertino, Calif., Symantec has operations in 40 countries. More information is available at Founded: 1982 IPO: June 23, 1989 Number of Employees (12/28/07): 17,906 FINANCIAL METRICS FUNDAMENTALS Quarter Ended 52-week Price Range: .........$14.67-$21.32 FY2006 FY20072 12/28/07 Shares Outstanding (diluted): ................................876M Non-GAAP Revenues1 $5.004B $5.253B $1.529B Avg. Daily Trading Volume Non-GAAP Net Income $1.14B $992M $292M 1 (12/28/07): ...........................13.7M Non-GAAP Earnings Per Share $1.00 $1.01 $0.33 1 Market Capitalization: (12/28/07): ...........................$14.2B Fiscal Year End: ....................March 31 BUSINESS DESCRIPTIONS QUARTERLY HIGHLIGHTS Consumer Products. Our Consumer segment focuses on delivering our Internet security, Non-GAAP Quarterly Revenue1 PC tuneup, and backup products to individual users and home offices. Key products include Norton 360 and Norton Internet Security. $1.6B $1.529B Security and Data Management. Our Security and Data Management segment focuses on $1.5B $1.437B $1.423B providing large to small and medium-sized businesses with solutions for compliance and $1.4B $1.365B security management, endpoint security, messaging management, and data protection $1.326B management software solutions that allow our customers to secure and backup their laptops, $1.3B PCs, mobile devices and servers. $1.2B Dec-062 Mar-072 Jun-07 Sep-07 Dec-07 Data Center Management. Our Data Center Management segment focuses on providing enterprise customers with storage and server management, data protection, and application performance management solutions across heterogeneous storage and server platforms. Key products include NetBackup and the Storage and Server Foundation suite of products. Non-GAAP Quarterly EPS1 Services. Our Services segment consists of consultants with extensive technical knowledge, $0.34 $0.33 business expertise, and global insight across multi-vendor environments who assist $0.31 organizations in managing IT risk on an ongoing basis. Key offerings address all areas of $0.29 $0.29 IT risk – security, availability, performance, and compliance. $0.28 $0.26 Altiris. On April 6, 2007, we completed our acquisition of Altiris, Inc., a leading provider of IT $0.25 $0.24 management software that enables businesses to easily manage and service network-based $0.22 endpoints. Altiris enables us to help customers better manage and enforce security policies at Dec-062 Mar-072 Jun-07 Sep-07 Dec-07 the endpoint, identify and protect against threats, and repair and service assets.
  2. 2. INVESTOR FACT SHEET REVENUE MIX – Q3 FY2008 Non-GAAP Revenue Mix by Segment1, 2 (year-over-year growth) Non-GAAP Revenue Mix by Region1, 2 (year-over-year growth) Services 6% (+40%) Altiris3 7% Americas 51% Europe, Middle East, (+156%) (+8%) Africa 35% (+26%) Data Center Management 29% (+11%) Consumer Products 29% (+8%) Security and Data Management 29% (+9%) Asia Pacific and Japan 14% (+19%) WHY SYMANTEC? ANNUAL BALANCE SHEET AND CASH FLOW HIGHLIGHTS • Global leader in security software and data protection Non-GAAP Deferred Revenue1 • Global consumer franchise - installed base > 50 million users $2.5B • Enterprise customers include 99% of the Fortune 1000 $2.32B $2.77B • #1 in security, policy compliance, backup and storage $2.0B $1.88B • Strong brand equity $1.5B • Diversified and predictable revenue streams $1.0B 3/O62 3/O72 3/05 • Broad product portfolio across multiple segments and geographies • Significant global expansion opportunities • Substantial cash flow from operating activities Cash Balance • Strong balance sheet and financial flexibility • Solid track record of share repurchases $3.5B $3.2B $3.0B $3.0B The information presented in this Fact Sheet includes selected non-GAAP financial information. To see the most 1 $2.9B directly comparable GAAP financial measures together with the reconciliation, go to: $2.5B Symantec adopted Staff Accounting Bulletin no. 108, “Considering the Effects of Prior Year Misstatements when 2 Quantifying Misstatements in Current Year Financial Statements,” or SAB108 during the March 2007 quarter. As $2.0B such, our results for the fiscal 2007 quarters include the adoption of SAB 108. 3/05 3/O6 3/O7 Altiris was acquired on April 6, 2007. As a result, the December 2007 quarter includes the Altiris 3 products combined with the Ghost, pcAnywhere, and LiveState Delivery products. Cash Flow from Operating Activities $1.7B $1.67B DIRECT INQUIRIES TO: $1.6B Symantec Investor Relations $1.54B Phone (408) 517-8324 | Fax (408) 517-7793 | email: $1.4B Web: $1.21B $1.2B $1.0B FYO7 2 FY05 FYO6