-=Symantec (SYMC) reported earnings on Thur 2 Aug 2018 (a/h)

Symantec beats by $0.01, beats on revs; guides Q2 EPS below consensus, revs below consensus; guides FY19 EPS in-line, revs below consensus 

• Reports Q1 (Jun) earnings of $0.34 per share, $0.01 better than the Capital IQ Consensus of $0.33; revenues rose 3.3% year/year to $1.17 bln vs the $1.15 bln Capital IQ Consensus.
• Non-GAAP gross margin was 27.0%.
• Reports cash flow from operations of $334 million.
• Co issues downside guidance for Q2, sees EPS of $0.31-$0.35 vs. $0.37 Capital IQ Consensus Estimate; sees Q2 revs of $1.130-$1.160 bln vs. $1.19 bln Capital IQ Consensus Estimate.
• Co issues guidance for FY19, sees EPS of $1.47-$1.57 vs. $1.56 Capital IQ Consensus Estimate; sees FY19 revs of $4670-$4790 bln vs. $4.83 bln Capital IQ Consensus Estimate.