Strong sales in both the enterprise and the consumer markets contributed to net revenue of $219.3 million for the third fiscal quarter 2001 ended Dec. 29, 2000. The reported results include operating results from AXENT Technologies since the acquisition date of Dec. 18, 2000. Net revenue increased 18 percent over the same quarter a year ago. Individually, Symantec posted revenues of $211.4 million for the quarter and AXENT contributed $7.9 million of the quarter’s revenue.
Earnings per share before all acquisition related amortization and one-time charges for the third quarter was $0.78, an increase of 39 percent from the December 1999 earnings per share of $0.56. Net income before acquisition related amortization and one-time charges for the third quarter was $51.4 million, 45 percent higher than the December quarter last year of $35.4 million. All figures exclude the results of operations from the company’s divestiture of the Visual Cafe and ACT! product lines.
We are pleased with the strong growth in our enterprise business, said John W. Thompson, Symantec chairman, president and CEO. We are confident that Internet security will be one of the top priorities for consumers and enterprises alike in the coming year. With the addition of AXENT, Symantec offers a broad line of industry-leading solutions and services that protect customers from all types of security threats.
Revenues from Symantec’s enterprise security products accounted for 52 percent of total revenues in the December quarter, up from 45 percent last quarter. Enterprise revenues grew 30 percent from the same quarter last year. AXENT revenues contributed 2 points to the mix this quarter.
Worldwide consumer business accounted for 48 percent of revenues in the December quarter. Retail growth was 7 percent compared to a year ago.
International revenues represented 46 percent of total revenue in the December quarter. Overall, the European region grew 19 percent, the Japanese region grew 29 percent and the Asia Pacific region grew 36 percent compared to the December quarter a year ago.