Symantec Posts Solid FY Q4, But Shares Ease In After Hours Trade

Symantec shares fell slightly in after hours trading Wednesday following the company’s financial report for the fiscal fourth quarter ended April 1.

For the quarter, the security software provider reported revenue of $1.67 billion and non-GAAP profits of 38 cents a share, edging the Street at $1.6 billion and 36 cents.

For FY Q1, Symantec sees revenue of $1.57 billion to $1.59 billion, and non-GAAP profits of 36-37 cents a share, a hair ahead of the consensus at $1.55 billion and 36 cents.

“We closed our fiscal year surpassing expectations across each of our key financial metrics, driven by market share gains and growth in backup, software-as-a-service, data loss prevention and consumer,” CEO Enrique Salem said in a statement. “In addition, our recent acquisitions performed above expectations for the third consecutive quarter. Our rigorous approach to running the business positions us well for fiscal year 2012, during which we will execute on our vision by energizing our core businesses and capitalizing on opportunities in mobile, cloud and virtualization.”

In late trading, SYMC is down 14 cents, to $19.27.