San Francisco-based, which filed the preliminary paperwork for an initial public offering in March, reported a net income of about $1.1 million on revenue of $26 million in 2003, compared with a net loss of $5.2 million on revenues of $12.1 million in 2002, according to its U.S. Securities and Exchange Commission filing.
Once known mostly for its Norton AntiVirus tools, Symantec is expanding to provide a variety of security software, services and hardware. To this end, it has made a number of acquisitions in the past two years, includingand .
Symantecin 2000 and holds approximately 11 percent of the company's stock.
In its fourth fiscal quarter, ended April 2, Symantecof $117 million, or 35 cents a share. That compares with a profit of $68 million, or 21 cents a share, a year ago. Analysts on average had expected Symantec to post a net profit of 34 cents a share, according to research firm Thomson First Call.
Revenue, meanwhile, climbed to $556 million in the quarter, up 43 percent from a year ago.