Cupertino, California-based Symantec Corp has joined the – spasmodic – choruses of woe about the 1995 fourth quarter, saying that it expects results for the period – its fiscal third quarter – to be below previous forecasts. Symantec said it expects to post a roughly $40 one-time discontinued operations charge in the third quarter mainly attributable to the acquisition of Delrina Corp. In the year-ago third quarter Symantec saw net profit of $9m, $0.25 a share, on sales of $84.1m but says that based on sales data received by management on January 5, it now expects revenues to be slightly above the prior quarter levels and results from continuing operations to be slightly above break-even.
