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Video: SecurityBridge CEO on SAP Security, AI Risks & 2026 PrioritiesSecurityBridge CEO Jesper Zerlang discusses SAP security, AI risks like data poisoning, and why channel partnerships are key to 2026 growth.
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Video: Why Most AI Projects Fail According to Spyglass MTG CEOSpyglass MTG CEO Dori Albert explains how organizations can build secure and data-driven AI platforms that deliver real business value.
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Video: Harbor IT on NENS Acquisition and Why the Generalist MSP Model Is DyingLeaders from Harbor IT explain why the traditional generalist MSP model is fading and how specialization, cybersecurity expertise, and vertical industry focus are shaping the future of managed services.
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Video: SurePath AI CEO Secure GenAI Adoption with Zero TrustSurePath AI CEO Casey Bleeker explains how organizations can accelerate generative AI adoption using zero trust principles and AWS guardrails without increasing security and compliance risk.
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Revenue Up, Profit Down at Symantec
Data protection and software management provider Symantec on May 11 reported a 9 percent decline in its profits for its fourth-quarter 2011 earnings, but the company still bettered Wall Street analysts’ projections. The Mountain View, Calif.-based company that makes the popular Norton Security Suite cleared $168 million (22 cents per share) for the three-month period […]
Data protection and software management provider Symantec on May 11 reported a 9 percent decline in its profits for its fourth-quarter 2011 earnings, but the company still bettered Wall Street analysts’ projections.
The Mountain View, Calif.-based company that makes the popular Norton Security Suite cleared $168 million (22 cents per share) for the three-month period ending April 1, compared with earnings of $184 million (23 cents) for the same period a year ago.
Revenue improved to $1.67 billion, a 9 percent improvement from $1.53 billion last year and $70 million more than analysts had told their clients to expect to see.
Symantec’s sales of new licenses climbed 11 percent to $280 million, indicating strength in potential future business from maintenance and product upgrades.
For more, read the eWEEK article: Symantec Quarterly Profits Down Slightly, but Revenue Up.
