Symantec, Facebook, Riverbed: Tech Premarket
NEW YORK (TheStreet) -- Symantec
The Mountain View, Calif.-based firm reported revenue of $1.71 billion, a year-over-year increase of 3% in constant currency. Analysts surveyed by Thomson Reuters were looking for sales of $1.64 billion.
Excluding items, Symantec earned 44 cents a share, up 7% on the prior year's quarter, well above analysts' estimate of 36 cents a share.
Symantec, which is still in the throes of a major restructuring effort, noted particular strength in its endpoint security and backup businesses.
The company's shares climbed 4.8% to $25.52 before market open.
Comcast earned 65 cents a share, up from 50 cents a share in the same period last year. Analysts were looking for earnings of 63 cents a share.
Shares of the social network, which has been attracting plenty of positive sentiment recently, gained 6.2% on Tuesday to close at $37.61. Facebook was also the most active pre-market Nasdaq stock on share volume of 1,429,652.
-- Written by James Rogers in New York.
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