Reuters: Technology News: Symantec profit falls as new CEO conducts strategic review

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Symantec profit falls as new CEO conducts strategic review Oct 24th 2012, 20:19 BOSTON | Wed Oct 24, 2012 4:19pm EDT BOSTON (Reuters) - Symantec Corp, the top maker of computer security software, reported a 2 percent decline in quarterly profit as its new chief executive conducted a strategic review of the company's operations after his predecessor's firing in July. The company, which has seen its stock languished for years, reported net income attributable to Symantec shareholders of $365 million, or 51 cents per share, for its fiscal second quarter, ended Sept 28, compared with $373 million, or 49 cents a year earlier when there were more shares outstanding. Revenue rose 1 percent from a year earlier to $3.37 billion.

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