Tuesday, January 16, 2007

Symantec stumbles amid customer deferrals, ERP installation

Symantec stumbles amid customer deferrals, ERP installation by ZDNet's Larry Dignan -- Symantec's fiscal third and fourth quarter results will fall short of expectations because of a combination of factors: –Weak performance in the company's data center management business, notable the company acquired when it bought Veritas; –Higher deferrals of enterprise maintenance contracts; –And higher costs from "the implementation of our new ERP system." The company cut its earnings estimate to [...]

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