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Veritas has recently issued their up-to-date special pricing for 19518-M0032 Veritas NetBackup 5340HA SAN Storage system – 2 x Intel Xeon 2 GHz – a hundred and twenty x HDD allot in – 480 TB allot in HDD skill – 768 GB RAM – 12Gb/s SAS Controller – RAID Supported 6, 10 – 10 Gigabit Ethernet – VGA – four USB Port(s) – 1 USB 2.0 Port(s) – 3 USB three for Federal agency valued clientele. This temporary particular pricing expires on December 31 2018. For extra product tips, visit the landing web page of any of the suppliers under. To zone a govt buy on GSA or NASA SEWP condense automobiles, gratify consult with any of the government Contractor suppliers listed under. As always, arbiter free to contact us involving product information or search a listing of products in their Product evaluation class.

This Veritas applied sciences LLC (Veritas) 19518-M0032 Veritas NetBackup 5340HA SAN Storage paraphernalia – 2 x Intel Xeon 2 GHz – a hundred and twenty x HDD allot in – 480 TB allot in HDD means – 768 GB RAM – 12Gb/s SAS Controller – RAID Supported 6, 10 – 10 Gigabit Ethernet – VGA – 4 USB Port(s) – 1 USB 2.0 Port(s) – three USB three listing reflects the particular pricing for federal executive consumers together with defense condense Audit company, Veteran Affairs, Veterans Affairs department (VA), Veterans merits Administration (VBA), Veterans Day country wide Committee, Veterans health Administration (VHA), Veterans’ Employment and working towards service (VETS), Vietnam schooling groundwork, Voice of the usa (VOA), US army, military Corps of Engineers, Navy, Air force, Marine Corps, etc.

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Product classification SAN Storage device Processor company Intel RAID Supported surecommunity (RJ-45) certainProduct clique of relativesNetBackup 5000 total variety of USB Ports four complete tough drive potential installed 480 TB number of tough Drives allot in 120 power celebrity definitecompany callVeritas Fibre Channel yeskind aspectRack-mountable Processor speed 2 GHz Processor class Xeon Controller classification 12Gb/s SAS normal reminiscence 768 GB Product class SAN Storage device Processor company Intel number of Processors allot in 2 RAID Supported sureEthernet era10 Gigabit Ethernet VGA convincedcommunity (RJ-forty five) sureTotal variety of USB Ports 4 number of USB 2.0 Ports 1 number of USB 3.0 Ports three complete difficult pressure potential installed 480 TB variety of challenging Drives installed 120 power megastar certaintop three.5″” Width 19″” intensity30.5″” working device Linux Product series5000 company nameVeritas Fibre Channel sureform factorRack-mountable brand Veritas applied sciences LLC Product model5340 Product nameNetBackup 5340HA SAN Storage gadget Processor velocity 2 GHz Processor class Xeon Product Line NetBackup RAID degrees6, 10 Controller category 12Gb/s SAS manufacturer half quantity 19518-M0032 manufacturer site address https://www.veritas.com/ Protocols IPMI 2.0 Protocols FCP restricted warranty1 year ordinary reminiscence 768 GB

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Veritas has launched a brand recent version of its flagship NetBackup statistics protection solution, with main advancements to the consumer interface.

Veritas NetBackup eight.1.2 elements a brand recent user interface that simplifies how personnel, both IT and and non-IT, can administer insurance policy and backup for his or her personal records.

The solution has been designed to offer gold standard-in-type records protection for multi-cloud, digital, actual, and subsequent-generation workloads with petabyte-scale performance, total managed from a lone console. The solution has been engineered to protect typical IT workloads, as well as massive records analytics structures, Open source databases, and hyper-converged infrastructure,

"The explosion of information and the deserve to give protection to it, combined with recent applied sciences, web-based workloads and mobile applications are reshaping client expectations and fostering a brand recent exact for consistent, yet personalised experiences," referred to Jane Zhu, senior vice chairman of information insurance draw and Governance Engineering, Veritas.

"Our client user suffer is likely one of the vital priorities we're focusing on today. Simplifying, standardizing and unifying the examine and deem of their NetBackup user interface is step one on this vital journey."

Veritas NetBackup 8.1.2 besides presents multiplied functionality and business-scale backup for VMware customers, as well as integration with different modern workloads. here's completed via posthaste entry to their programs with the brand recent interface and the potential to repair a lone file with out an agent. NetBackup supports Hadoop, Nutanix, MySQL, PostgreSQL, MariaDB, SQLite, HBase and MongoDB.

the brand recent consumer interface has been developed via a dedicated design group at Veritas, in line with remarks from heaps of shoppers and companions global. The design groups believe included this feedback and streamlined the workflow of NetBackup to increase its usability and support clients reduce the complexity of total information backup and recuperation initiatives. the recent interface enables enables clients to manage and panoply screen statistics protection methods with just a number of clicks, from laptop or cell gadgets.

Veritas NetBackup 8.1.2's recent automation options and integration with the picture-primarily based data protection of Veritas CloudPoint 2.1.

"organizations require technology that allows for them to quite simply and seamlessly again-up and fix statistics wherever it resides and handover one of the duties to the industry owners," observed Christophe Bertrand, senior analyst, enterprise system group. "person journey will believe a colossal repercussion on the success of these initiatives. With the recent interface of NetBackup and a strategic companywide focal point on consumer journey, Veritas makes it practicable for consumers to offer protection to their workloads and fix them immediately, after they require the statistics."


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Veritas NetBackup customers will remark some changes soon. Veritas today launched NetBackup 8.1.2, giving its flagship...

facts protection application a immense interface facelift.

Killian Evers, vp of consumer and consumer journey at Veritas, joined the enterprise eight months in the past and has been working on a NetBackup upgrade ever due to the fact. She said her design crew concentrated on making NetBackup's recent design elementary, intuitive and integrated. The thought is to figure it extra visually appealing but additionally simpler to use.

"we've got achieved a lot of design adjustments that simplify the common suffer -- visually and interactively," she noted. "We created guided experiences. They provide you with guidance and proposals in order that you might be now not hunting and pecking."

Examples of interface improvements in the NetBackup upgrade consist of the usage of calendars to set statistics recuperation points and a modernized, cellular-friendly navigation menu.

The NetBackup upgrade is a response to a transforming into trend in which IT administrator roles are getting extra generalized instead of specialized. That capability IT personnel the use of NetBackup eight.1.2 could be application owners or virtualization directors as opposed to the backup directors who believe been using the main backup software app for years and even a long time.

"here's a trend we're seeing during this space, where admins are being requested to attain extra with much less, and different individuals are being requested to attain some tasks that your traditional [backup] admin would've executed," Evers referred to. Simplifying the user journey is suppositious to assist these IT "versatilists," whose disciplines and responsibilities are not narrowed to just backup.

Veritas NetBackup 8.1.2 screenshot NetBackup 8.1.2 has a brand recent dashboard as a portion of a visible overhaul. Integrations blanketed with interface upgrade

youngsters an immense element, the interface design improvements are not the only enhancements in NetBackup 8.1.2. The NetBackup upgrade unifies cloud, digital and physical workloads onto a lone console and contours better integration with VMware. There are besides recent automation alternate options and integration with Veritas CloudPoint 2.1, the supplier's multi-cloud facts protection app.

we believe now executed lots of design alterations that simplify the ordinary journey -- visually and interactively. Killian Eversvice president of consumer and user experience, Veritas

Edwin Yuen, senior analyst at enterprise strategy group, preeminent the NetBackup design adjustments are massive in concomitant IT world where iPhone users of the day before today are the IT versatilists of these days.

"The considerable aspect it is occurring right here is there may be been a era where the conclusion-user interface is the carrier," Yuen talked about. "They actually don't custody about the returned end."

because of this vogue, it's no longer marvelous to Yuen that Veritas turned into so focused on catering its interface to this growing to be audience. "The productivity of a consumer and the delight of the conclude person for most services nowadays is definitely predicated on how they engage with it," he talked about. "They remark the app because the manifestation of the service."

Evers mentioned client feedback and collaboration drove construction of the NetBackup upgrade. "It basically turned into in keeping with their clients, which is why they believe been working with them so hand in hand right through this entire journey," she referred to. "We confirmed the heck out of this element."

Evers' team will examine to redesign extra Veritas purposes now that it is comprehensive with the flagship product. before becoming a member of Veritas in January 2018, Evers spent eight years working on product design at Oracle. She spoke of she helped spruce up products comparable to Oracle sales on-line, Oracle Fusion and Oracle HCM Cloud before relocating to Veritas.

"My group is asking at the total lifecycle event at Veritas," she mentioned. "I want individuals to wish to use their software, and not to must use their utility."

Veritas NetBackup eight.1.2 could be generally accessible in mid-to-late September. current users attain not believe to attain anything to acquire the improve.


VCS-273 Administration of Veritas NetBackup 7.6.1 and NetBackup Appliances 2.6.1

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VCS-273 exam Dumps Source : Administration of Veritas NetBackup 7.6.1 and NetBackup Appliances 2.6.1

Test Code : VCS-273
Test denomination : Administration of Veritas NetBackup 7.6.1 and NetBackup Appliances 2.6.1
Vendor denomination : Veritas
: 123 existent Questions

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Symantec Reports Fourth Quarter and Fiscal Year 2015 Results | killexams.com existent questions and Pass4sure dumps

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Symantec Corp. (NASDAQ: SYMC) today reported the results of its fourth quarter and fiscal year 2015, ended April 3, 2015.

Michael A. Brown, president and CEO, said, “Fiscal 2015 was a transformative year for Symantec, as they announced their unified security and information management strategies, delivered more than fifty products, and made the conclusion to separate Symantec and Veritas into two standalone companies.”

“With the progress they made in FY15, their businesses believe the necessary focus to thrive and they are already seeing the benefits. Setting aside currency headwinds, continued growth in both implied billings and deferred revenue underscores the momentum in their businesses. Their endpoint protection, data loss prevention, NetBackup appliances and NetBackup software total outperformed the market this quarter.”

Thomas Seifert, executive vice president and CFO, said, “Symantec returned to growth and expanded operating margin year-over-year in constant currency during the fourth quarter. They continued to improve their cost structure, and over the year delivered more than $150 million of incremental profit from their revenue and efficiency initiatives. Additionally, the Veritas separation is progressing on schedule.”

Results for the Fourth Quarter of Fiscal Year 2015 (Dollars in millions, except EPS)

                                4Q15       4Q14      

ReportedY/YChange

     

FXAdjustedY/Y Change

GAAP                                 Revenue       $1,518       $1,625       (7%)       0% Operating Margin       10.0%       18.8%       (880) bps       (640) bps Net Income       $176       $217       (19%)       N/A Deferred Revenue       $3,664       $3,903       (6%)       1% EPS (Diluted)       $0.25       $0.31       (19%)       N/A CFFO       $488       $449       9%       N/A Non-GAAP                                 Revenue       $1,548       $1,650       (6%)       1% Operating Margin       25.6%       27.2%       (160) bps       30 bps Net Income       $299       $333       (10%)       N/A EPS (Diluted)       $0.43       $0.48       (10%)       N/A  

Results for Fiscal Year 2015 (Dollars in millions, except EPS)

                                FY15       FY14      

ReportedY/YChange

     

FXAdjustedY/Y Change

GAAP                                 Revenue       $6,508       $6,676       (3%)       0% Operating Margin       17.7%       17.7%       0 bps       60 bps Net Income       $878       $898       (2%)       N/A Deferred Revenue       $3,664       $3,903       (6%)       1% EPS (Diluted)       $1.26       $1.28       (2%)       N/A CFFO       $1,312       $1,281       2%       N/A Non-GAAP                                 Revenue       $6,538       $6,701       (2%)       0% Operating Margin       27.3%       27.4%       (10) bps       50 bps Net Income       $1,311       $1,370       (4%)       N/A EPS (Diluted)       $1.88       $1.95       (4%)       N/A  

First Quarter and Fiscal Year 2016 Guidance (Dollars in millions, except EPS and FX rate)

                    1Q16       FY16 GAAP                 Revenue       $1,500 - $1,540       $6,210 - $6,350 Operating Margin       14.0% - 15.0%       14.5% - 15.5% EPS (Diluted)       $0.20 - $0.23       $0.86 - $0.96 Non-GAAP                 Operating Margin       27.0% - 28.0%       29.0% - 30.0% EPS (Diluted)       $0.41 - $0.44       $1.80 - $1.90 Tax Rate       27.0%       27.5% Share Count       690 million       694 million FX Rate (€/$)       $1.10       $1.13  

Symantec's Board of Directors has declared a quarterly cash dividend of $0.15 per common share to be paid on June 24, 2015 to total shareholders of record as of the nearby of industry on June 10, 2015. The ex-dividend date will be June 8, 2015.

Conference Call

Symantec has scheduled a conference muster for 5 p.m. ET/2 p.m. PT today to argue its fourth quarter and fiscal year 2015 results, ended April 3, 2015 and to review guidance. Interested parties may access the conference muster on the Internet at http://www.symantec.com/invest. To listen to the live call, gratify depart to the website at least 15 minutes early to register, download and install any necessary audio software. A replay and their prepared remarks will be available on the investor relations home page shortly after the muster is completed.

About Symantec

Symantec Corporation (NASDAQ: SYMC) is an information protection expert that helps people, businesses and governments seeking the liberty to unlock the opportunities technology brings -- anytime, anywhere. Founded in April 1982, Symantec, a Fortune 500 company, operating one of the largest global data-intelligence networks, has provided leading security, backup and availability solutions for where vital information is stored, accessed and shared. The company's more than 19,000 employees reside in more than 50 countries. Ninety-nine percent of Fortune 500 companies are Symantec customers. In fiscal 2015, it recorded revenues of $6.5 billion. To learn more depart to www.symantec.com or connect with Symantec at: http://www.symantec.com/social/

NOTE TO EDITORS: If you would dote additional information on Symantec Corporation and its products, gratify visit the Symantec word elbowroom at http://www.symantec.com/news. total prices preeminent are in U.S. dollars and are convincing only in the United States.

Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

FORWARD-LOOKING STATEMENTS: This press release contains statements regarding their fiscal and industry results and plans, which may be considered forward-looking within the sense of the U.S. federal securities laws. These involve statements regarding their draw to separate into two publicly traded companies, as well as projections of future revenue, operating margin and earnings per share, amortization of acquisition-related intangibles, stock-based compensation, and restructuring, separation and transition charges. These statements are matter to known and unknown risks, uncertainties and other factors that may understanding their actual results, levels of activity, performance or achievements to vary materially from results expressed or implied in this press release. Such risk factors involve those related to: common economic conditions; risks related to the planned separation of the company into the security industry and the information management business; maintaining customer and partner relationships; the anticipated growth of inevitable market segments, particularly with regard to security and storage; the competitive environment in the software industry; changes to operating systems and product strategy by vendors of operating systems; fluctuations in currency exchange rates; the timing and market acceptance of recent product releases and upgrades; the successful progress of recent products and integration of acquired businesses, and the degree to which these products and businesses gain market acceptance. Actual results may vary materially from those contained in the forward-looking statements in this press release. They assume no obligation, and attain not intend, to update these forward-looking statements as a result of future events or developments. Additional information concerning these and other risks factors is contained in the Risk Factors sections of their figure 10-K for the year ended March 28, 2014 and their figure 10-Q for the quarter ended January 2, 2015.

USE OF NON-GAAP fiscal INFORMATION: Their results of operations believe undergone significant change due to the repercussion of stock-based compensation, charges related to the amortization of intangible assets, and inevitable other income and expense items that management considers unrelated to the Company’s core operations, including restructuring, separation and transition costs. To attend their readers understand their past fiscal performance and their future results, they supplement the fiscal results that they provide in accordance with generally accepted accounting principles, or GAAP, with non-GAAP fiscal measures. The system they use to relent non-GAAP results is not computed according to GAAP and may vary from the methods used by other companies. Non-GAAP fiscal measures are supplemental, should not be considered a substitute for fiscal information presented in accordance with GAAP and should be read only in conjunction with their consolidated fiscal statements prepared in accordance with GAAP. Their management team uses these non-GAAP fiscal measures in assessing the Company’s operating results, as well as when planning, forecasting and analyzing future periods. Investors are encouraged to review the reconciliation of their non-GAAP fiscal measures to the comparable GAAP results, which is attached to their quarterly earnings release and which can be found, along with other fiscal information, on the investor relations page of their website at http://www.symantec.com/invest.

              SYMANTEC CORPORATION Condensed Consolidated balance Sheets (Dollars in millions, unaudited)           April 3, March 28,

2015

 

2014 (1)

  ASSETS   Current assets: Cash and cash equivalents $ 2,874 $ 3,707 Short-term investments 1,017 377 Trade accounts receivable, net 993 1,007 Deferred income taxes 152 142 Deferred commissions 131 115 Other current assets   255     304   Total current assets   5,422     5,652     Property and equipment, net 1,205 1,116 Intangible assets, net 628 768 Goodwill 5,847 5,858 Long-term deferred commissions 26 21 Other long-term assets   105     124   Total assets $ 13,233   $ 13,539     LIABILITIES AND STOCKHOLDERS' EQUITY   Current liabilities: Accounts payable $ 213 $ 282 Accrued compensation and benefits 398 365 Deferred revenue 3,109 3,322 Current portion of long-term debt 350 - Other current liabilities   383     337   Total current liabilities   4,453     4,306     Long-term debt 1,746 2,095 Long-term deferred revenue 555 581 Long-term deferred tax liabilities 308 425 Long-term income taxes payable 134 252 Other long-term obligations   102     83   Total liabilities   7,298     7,742         Total stockholders' equity   5,935     5,797   Total liabilities and stockholders' equity $ 13,233   $ 13,539               (1) Derived from audited consolidated fiscal statements.             SYMANTEC CORPORATION Condensed Consolidated Statements of Income (In millions, except per share data, unaudited)   Year-Over-Year Three Months Ended   Growth Rate April 3, March 28, Constant

2015

 

2014

  Actual   Currency (1)   Net revenue: Content, subscription, and maintenance $ 1,318 $ 1,433 -8 % -1 % License   200       192     4 %   13 % Total net revenue   1,518       1,625     -7 %   0 %   Cost of revenue: Content, subscription, and maintenance 240 249 License 34 20 Amortization of intangible assets   13       13          

Total cost of revenue

  287       282     2 %   6 % Gross profit   1,231       1,343     -8 %   -1 %   Operating expenses: Sales and marketing 551 585 Research and development 293 277 General and administrative 89 115 Amortization of intangible assets 25 28 Restructuring, separation, and transition   121       32          

Total operating expenses

  1,079       1,037     4 %   9 % Operating income   152       306     -50 %   -34 %   Interest income 3 3 Interest expense (19 ) (19 ) Other income, net   7       8           Income before income taxes   143       298     -52 %   N/A     Income tax (benefit) expense   (33 )     81           Net income $ 176     $ 217     -19 %   N/A     Net income per share -- basic $ 0.26 $ 0.31   Net income per share -- diluted $ 0.25 $ 0.31   Weighted-average shares outstanding -- basic 684 693   Weighted-average shares outstanding -- diluted 693 700   Cash dividends declared per common share   $ 0.15     $ 0.15             (1) Management refers to growth rates adjusting for currency so that the industry results can be viewed without the repercussion of fluctuations in peculiar currency exchange rates. They compare the percentage change in the results from one epoch to another epoch in order to provide a framework for assessing how their underlying businesses performed excluding the effect of peculiar currency rate fluctuations. To present this information, current and comparative prior epoch results for entities reporting in currencies other than United States dollars are converted into United States dollars at the actual exchange rates in effect during the respective prior periods.             SYMANTEC CORPORATION Condensed Consolidated Statements of Income (In millions, except per share data, unaudited)  

Year-Over-Year

Year Ended  

Growth Rate (1)

April 3, March 28,

Constant

2015

  2014  

Actual

  Currency (2)   Net revenue: Content, subscription, and maintenance $ 5,749 $ 5,960 -4 % -1 % License   759       716     6 %   10 % Total net revenue   6,508       6,676     -3 %   0 %   Cost of revenue: Content, subscription, and maintenance 988 1,008 License 114 87 Amortization of intangible assets   51       54           Total cost of revenue   1,153       1,149     0 %   2 % Gross profit   5,355       5,527     -3 %   -1 %   Operating expenses: Sales and marketing 2,323 2,439 Research and development 1,144 1,039 General and administrative 379 446 Amortization of intangible assets 108 156 Restructuring, separation, and transition   252       264           Total operating expenses   4,206       4,344     -3 %   -2 % Operating income   1,149       1,183     -3 %   3 %   Interest income 12 12 Interest expense (79 ) (84 ) Other income, net   11       45           Income before income taxes   1,093       1,156     -5 %   N/A     Provision for income taxes   215       258           Net income $ 878     $ 898     -2 %   N/A     Net income per share -- basic $ 1.27 $ 1.29   Net income per share -- diluted $ 1.26 $ 1.28   Weighted-average shares outstanding -- basic 689 696   Weighted-average shares outstanding -- diluted 696 704   Cash dividends declared per common share   $ 0.60     $ 0.60             (1) They believe a 52/53-week fiscal accounting year. The year ended April 3, 2015 consisted of 53 weeks, whereas the year ended March 28, 2014 consisted of 52 weeks.   (2) Management refers to growth rates adjusting for currency so that the industry results can be viewed without the repercussion of fluctuations in peculiar currency exchange rates. They compare the percentage change in the results from one epoch to another epoch in order to provide a framework for assessing how their underlying businesses performed excluding the effect of peculiar currency rate fluctuations. To present this information, current and comparative prior epoch results for entities reporting in currencies other than United States dollars are converted into United States dollars at the actual exchange rates in effect during the respective prior periods.       SYMANTEC CORPORATION Condensed Consolidated Statements of Cash Flows (Dollars in millions, unaudited)     Year Ended April 3, March 28, 2015   2014   OPERATING ACTIVITIES: Net income $ 878 $ 898   Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 280 281 Amortization of intangible assets 159 210 Amortization of debt issuance costs and discounts 4 7 Stock-based compensation expense 195 156 Deferred income taxes

(23

) 47 Excess income tax profit from the exercise of stock options (10 ) (17 ) Net gain from sale of short-term investments - (32 ) Other 10 8 Net change in assets and liabilities, excluding effects of acquisitions: Trade accounts receivable, net (38 ) 30 Deferred commissions (30 ) 26 Accounts payable (65 ) (75 ) Accrued compensation and benefits 49 (58 ) Deferred revenue 19 (223 ) Income taxes payable

(191

) 7 Other assets 22 (11 ) Other liabilities   53       27   Net cash provided by operating activities   1,312       1,281     INVESTING ACTIVITIES: Purchases of property and equipment (381 ) (260 ) Payments for acquisitions, net of cash acquired, and purchases of intangibles (39 ) (17 ) Purchases of short-term investments (1,758 ) (492 ) Proceeds from maturities of short-term investments 681 117 Proceeds from sales of short-term investments   343       69   Net cash used in investing activities   (1,154 )     (583 )   FINANCING ACTIVITIES: Repayments of debt and other obligations (21 ) (1,189 ) Proceeds from convertible note hedge - 189 Net proceeds from sales of common stock under employee stock profit plans 116 234 Excess income tax profit from the exercise of stock options 10 17 Tax payments related to restricted stock units (47 ) (45 ) Dividends paid, net (413 ) (418 ) Repurchases of common stock (500 ) (500 ) Proceeds from other financing, net   44       -   Net cash used in financing activities   (811 )     (1,712 )   Effect of exchange rate fluctuations on cash and cash equivalents   (180 )     36   Change in cash and cash equivalents (833 ) (978 ) Beginning cash and cash equivalents   3,707       4,685   Ending cash and cash equivalents $ 2,874     $ 3,707         SYMANTEC CORPORATION Reconciliation of Selected GAAP Measures to Non-GAAP Measures (1) (2) (In millions, except per share data, unaudited)                     Year-Over-Year Three Months Ended     Non-GAAP Growth Rate April 3, 2015     March 28, 2014   Constant GAAP   Adj   Non-GAAP     GAAP   Adj   Non-GAAP     Actual   Currency (3)   Net revenue $ 1,518     $ 30     $ 1,548       $ 1,625     $ 25     $ 1,650       -6 %   1 %   Gross profit: $ 1,231 $ 49 $ 1,280 $ 1,343 $ 44 $ 1,387 -8 % -1 % EDS & NDI contingency 30 - GSA investigation - 25 Stock-based compensation 6 6 Amortization of intangible assets       13                 13                   Gross margin %   81.1 %     1.6 %     82.7 %       82.6 %     1.5 %     84.1 %     -140 bps   -100 bps   Operating expenses: $ 1,079 $ 195 $ 884 $ 1,037 $ 99 $ 938 -6 % -2 % Stock-based compensation 49 39

Amortization of intangible assets

 

 

 

 

25

 

 

 

 

28

 

 

 

 

 

Restructuring, separation, and transition       121                 32                   Operating expenses as a % of revenue   71.1 %     -14.0 %     57.1 %       63.8 %     -7.0 %     56.8 %     30 bps   -130 bps   Operating income $ 152     $ 244     $ 396       $ 306     $ 143     $ 449       -12 %   1 %   Operating margin %   10.0 %     15.6 %     25.6 %       18.8 %     8.4 %     27.2 %     -160 bps   30 bps   Net income: $ 176 $ 123 $ 299 $ 217 $ 116 $ 333 -10 % N/A Gross profit adjustment 49 44 Operating expense adjustment 195 99 Income tax effect on above items       (121 )               (27 )                 Diluted net income per share $ 0.25     $ 0.18     $ 0.43       $ 0.31     $ 0.17     $ 0.48       -10 %   N/A     Diluted weighted-average shares outstanding     693       -       693         700       -       700       -1 %   N/A     (1) This presentation includes non-GAAP measures. Non-GAAP fiscal measures are supplemental and should not be considered a substitute for fiscal information presented in accordance with GAAP. For a circumstantial explanation of these non-GAAP measures, gratify remark Appendix A.   (2) Non-GAAP measures for fiscal 2015 believe been revised to reflect a change in methodology that reduces the number of adjustments to GAAP measures. For a circumstantial explanation of this change in methodology, gratify remark “Change in non-GAAP methodology” in Appendix A.   (3) Management refers to growth rates adjusting for currency so that the industry results can be viewed without the repercussion of fluctuations in peculiar currency exchange rates. They compare the percentage change in the results from one epoch to another epoch in order to provide a framework for assessing how their underlying businesses performed excluding the effect of peculiar currency rate fluctuations. To present this information, current and comparative prior epoch results for entities reporting in currencies other than United States dollars are converted into United States dollars at the actual exchange rates in effect during the respective prior periods.       SYMANTEC CORPORATION Reconciliation of Selected GAAP Measures to Non-GAAP Measures (1) (2) (In millions, except per share data, unaudited)                     Year-Over-Year Year Ended     Non-GAAP Growth Rate April 3, 2015     March 28, 2014   Constant GAAP   Adj   Non-GAAP     GAAP   Adj   Non-GAAP     Actual   Currency (3)   Net revenue $ 6,508     $ 30     $ 6,538       $ 6,676     $ 25     $ 6,701       -2 %   0 %   Gross profit: $ 5,355 $ 105 $ 5,460 $ 5,527 $ 98 $ 5,625 -3 % 0 % EDS & NDI contingency 30 - GSA investigation - 25 Stock-based compensation 24 19 Amortization of intangible assets       51                 54                   Gross margin %   82.3 %     1.2 %     83.5 %       82.8 %     1.1 %     83.9 %     -40 bps   -30 bps   Operating expenses: $ 4,206 $ 531 $ 3,675 $ 4,344 $ 557 $ 3,787 -3 % -2 % Stock-based compensation 171 137 Amortization of intangible assets 108 156 Restructuring, separation, and transition       252                 264                   Operating expenses as a % of revenue   64.6 %     -8.4 %     56.2 %       65.1 %     -8.6 %     56.5 %     -30 bps   -80 bps   Operating income $ 1,149     $ 636     $ 1,785       $ 1,183     $ 655     $ 1,838       -3 %   2 %   Operating margin %   17.7 %     9.6 %     27.3 %       17.7 %     9.7 %     27.4 %     -10 bps   50 bps   Net income: $ 878 $ 433 $ 1,311 $ 898 $ 472 $ 1,370 -4 % N/A Gross profit adjustment 105 98 Operating expense adjustment 531 557 Income tax effect on above items       (203 )               (183 )                 Diluted net income per share $ 1.26     $ 0.62     $ 1.88       $ 1.28     $ 0.67     $ 1.95       -4 %   N/A     Diluted weighted-average shares outstanding     696       -       696         704       -       704       -1 %   N/A     (1) This presentation includes non-GAAP measures. Non-GAAP fiscal measures are supplemental and should not be considered a substitute for fiscal information presented in accordance with GAAP. For a circumstantial explanation of these non-GAAP measures, gratify remark Appendix A.   (2) Non-GAAP measures for fiscal 2015 believe been revised to reflect a change in methodology that reduces the number of adjustments to GAAP measures. For a circumstantial explanation of this change in methodology, gratify remark “Change in non-GAAP methodology” in Appendix A.   (3) Management refers to growth rates adjusting for currency so that the industry results can be viewed without the repercussion of fluctuations in peculiar currency exchange rates. They compare the percentage change in the results from one epoch to another epoch in order to provide a framework for assessing how their underlying businesses performed excluding the effect of peculiar currency rate fluctuations. To present this information, current and comparative prior epoch results for entities reporting in currencies other than United States dollars are converted into United States dollars at the actual exchange rates in effect during the respective prior periods.       SYMANTEC CORPORATION Revenue and Deferred Revenue Detail (1) (2) (Dollars in millions, unaudited)               Three Months Ended April 3, 2015 March 28, 2014 GAAP   Adj (3)   Non-GAAP GAAP   Adj (4)   Non-GAAP Revenue                           Content, subscription, and maintenance $ 1,318 $ 30 $ 1,348 $ 1,433 $ 21 $ 1,454 License     200       -       200         192       4       196   Total Revenue   $ 1,518     $ 30     $ 1,548       $ 1,625     $ 25     $ 1,650   Revenue - Y/Y Growth Rate                           Content, subscription, and maintenance -8 % 1 % -7 % -6 % 1 % -5 % License     4 %     -2 %     2 %       -13 %     2 %     -11 % Total Y/Y Growth Rate     -7 %     1 %     -6 %       -7 %     1 %     -6 % Revenue - Y/Y Growth Rate in Constant Currency (5)                           Content, subscription, and maintenance -1 % 0 % -1 % -6 % 1 % -5 % License     13 %     -3 %     10 %       -14 %     2 %   -12 % Total Y/Y Growth Rate in Constant Currency (5)     0 %     1 %     1 %       -7 %     1 %   -6 %                             Revenue by Segment (6)                           Consumer Security $ 408 $ 30 $ 438 $ 504 $ - $ 504 Enterprise Security 491 - 491 511 10 521 Information Management     619       -       619         610       15       625   Revenue by Segment - Y/Y Growth Rate (6)                           Consumer Security -19 % 6 % -13 % -5 % 0 % -5 % Enterprise Security -4 % -2 % -6 % -6 % 2 % -4 % Information Management     1 %     -2 %     -1 %       -10 %     3 %     -7 % Revenue by Segment - Y/Y Growth Rate in Constant Currency (5) (6)                           Consumer Security -13 % 6 % -7 % -5 % 0 % -5 % Enterprise Security 2 % -2 % 0 % -6 % 2 % -4 % Information Management     9 %     -3 %     6 %       -10 %     2 %     -8 %                             Revenue by Geography                           International $ 758 $ - $ 758 $ 847 $ - $ 847 U.S. 760 30 790 778 25 803 Americas (U.S., Latin America, Canada) 855 30 885 880 25 905 EMEA 399 - 399 470 - 470 Asia Pacific & Japan     264       -       264         275       -       275   Revenue by Geography - Y/Y Growth Rate                           International -11 % 0 % -11 % -6 % 0 % -6 % U.S. -2 % 0 % -2 % -9 % 3 % -6 % Americas (U.S., Latin America, Canada) -3 % 1 % -2 % -8 % 3 % -5 % EMEA -15 % 0 % -15 % -3 % 0 % -3 % Asia Pacific & Japan     -4 %     0 %     -4 %       -11 %     0 %     -11 % Revenue by Geography - Y/Y Growth Rate in Constant Currency (5)                           International 2 % 0 % 2 % -6 % 0 % -6 % U.S. -2 % 1 % -1 % -9 % 3 % -6 % Americas (U.S., Latin America, Canada) -3 % 1 % -2 % -8 % 3 % -5 % EMEA 3 % 0 % 3 % -6 % 0 % -6 % Asia Pacific & Japan     6 %     0 %     6 %       -6 %     0 %     -6 %                             Deferred Revenue   $ 3,664     $ -     $ 3,664       $ 3,903     $ -     $ 3,903   Deferred Revenue - Y/Y Growth Rate     -6 %     0 %     -6 %       -4 %     0 %     -4 % Deferred Revenue - Y/Y Growth Rate in Constant Currency (5)     1 %     0 %     1 %       -6 %     0 %     -6 %   (1) This presentation includes non-GAAP measures. Non-GAAP fiscal measures are supplemental and should not be considered a substitute for fiscal information presented in accordance with GAAP. For a circumstantial explanation of these non-GAAP measures, gratify remark Symantec’s Explanation of Non-GAAP Measures in Appendix A.   (2) Non-GAAP measures for fiscal 2015 believe been revised to reflect a change in methodology that reduces the number of adjustments to GAAP measures. For a circumstantial explanation of this change in methodology, gratify remark “change in non-GAAP methodology” in Symantec’s Explanation of Non-GAAP Measures in Appendix A.   (3) The revenue adjustment relates to the EDS & NDI contingency. gratify remark Appendix A for more details.   (4) The revenue adjustment relates to the GSA investigation. gratify remark Appendix A for more details.   (5) Management refers to growth rates adjusting for currency so that the industry results can be viewed without the repercussion of fluctuations in peculiar currency exchange rates. They compare the percentage change in the results from one epoch to another epoch in order to provide a framework for assessing how their underlying businesses performed. To exclude the effects of peculiar currency rate fluctuations, current and comparative prior epoch results for entities reporting in currencies other than United States dollars are converted into United States dollars at the actual exchange rates in effect during the respective prior periods (or, in the case of deferred revenue, converted into United States dollars at the actual exchange rate in effect at the conclude of the prior period).   (6) This presentation includes revised amounts from a change in segment reporting. gratify remark Appendix A for more details.       SYMANTEC CORPORATION Operating Margin by Segment Detail (1) (2) (3) (Dollars in millions, unaudited)                 Three Months Ended April 3, 2015 March 28, 2014     GAAP   Adj (4)   Non-GAAP GAAP   Adj (5)   Non-GAAP Operating Income by Segment                       Consumer Security $ 212 $ 30 $ 242 $ 255 $ - $ 255 Enterprise Security 47 - 47 69 10 79 Information Management     107       -       107         100       15       115   Total Operating Income by Segment     366       30       396         424       25       449   Reconciling Items: Stock-based compensation 55 (55 ) - 45 (45 ) - Amortization of intangible assets 38 (38 ) - 41 (41 ) - Restructuring, separation, and transition     121       (121 )     -         32       (32 )     -   Total Consolidated Operating Income   $ 152     $ 244     $ 396       $ 306     $ 143     $ 449                               Operating Margin by Segment                           Consumer Security 52 % 3 % 55 % 51 % 0 % 51 % Enterprise Security 10 % 0 % 10 % 14 % 1 % 15 % Information Management     17 %     0 %     17 %       16 %     2 %     18 %   (1) This presentation includes non-GAAP measures. Non-GAAP fiscal measures are supplemental and should not be considered a substitute for fiscal information presented in accordance with GAAP. For a circumstantial explanation of these non-GAAP measures, gratify remark Appendix A.   (2) Non-GAAP measures for fiscal 2015 believe been revised to reflect a change in methodology that reduces the number of adjustments to GAAP measures. For a circumstantial explanation of this change in methodology, gratify remark “Change in non-GAAP methodology” in Appendix A.   (3) This presentation includes revised amounts from a change in segment reporting. gratify remark Appendix A for more details.   (4) The revenue adjustment relates to the EDS & NDI contingency. gratify remark Appendix A for more details.   (5) The revenue adjustment relates to the GSA investigation. gratify remark Appendix A for more details.       SYMANTEC CORPORATION Revenue and Deferred Revenue Detail (1) (2) (Dollars in millions, unaudited)                   Year Ended April 3, 2015 March 28, 2014 GAAP   Adj (3)   Non-GAAP GAAP   Adj (4)   Non-GAAP Revenue                           Content, subscription, and maintenance $ 5,749 $ 30 $ 5,779 $ 5,960 $ 21 $ 5,981 License     759       -       759         716       4       720   Total Revenue   $ 6,508     $ 30     $ 6,538       $ 6,676     $ 25     $ 6,701   Revenue - Y/Y Growth Rate                           Content, subscription, and maintenance -4 % 1 % -3 % -1 % 0 % -1 % License     6 %     -1 %     5 %       -19 %     0 %     -19 % Total Y/Y Growth Rate     -3 %     1 %     -2 %       -3 %     0 %     -3 % Revenue - Y/Y Growth Rate in Constant Currency (5)                           Content, subscription, and maintenance -1 % 0 % -1 % -1 % 1 % 0 % License     10 %     -1 %     9 %       -19 %     0 %     -19 % Total Y/Y Growth Rate in Constant Currency (5)     0 %     0 %     0 %       -3 %     0 %     -3 %                             Revenue by Segment (6)                           Consumer Security $ 1,887 $ 30 $ 1,917 $ 2,063 $ - $ 2,063 Enterprise Security 2,063 - 2,063 2,100 10 2,110 Information Management     2,558       -       2,558         2,513       15       2,528   Revenue by Segment - Y/Y Growth Rate (6)                           Consumer Security -9 % 2 % -7 % -2 % 0 % -2 % Enterprise Security -2 % 0 % -2 % -3 % 0 % -3 % Information Management     2 %     -1 %     1 %       -4 %     0 %     -4 % Revenue by Segment - Y/Y Growth Rate in Constant Currency (5) (6)                           Consumer Security -6 % 1 % -5 % -1 % 0 % -1 % Enterprise Security 0 % 0 % 0 % -2 % 0 % -2 % Information Management     4 %     0 %     4 %       -5 %     1 %     -4 %                             Revenue by Geography                           International $ 3,338 $ - $ 3,338 $ 3,478 $ - $ 3,478 U.S. 3,170 30 3,200 3,198 25 3,223 Americas (U.S., Latin America, Canada) 3,586 30 3,616 3,617 25 3,642 EMEA 1,813 - 1,813 1,891 - 1,891 Asia Pacific & Japan     1,109       -       1,109         1,168       -       1,168   Revenue by Geography - Y/Y Growth Rate                           International -4 % 0 % -4 % -3 % 0 % -3 % U.S. -1 % 0 % -1 % -4 % 1 % -3 % Americas (U.S., Latin America, Canada) -1 % 0 % -1 % -3 % 0 % -3 % EMEA -4 % 0 % -4 % 2 % 0 % 2 % Asia Pacific & Japan     -5 %     0 %     -5 %       -10 %     0 %     -10 % Revenue by Geography - Y/Y Growth Rate in Constant Currency (5)                           International 0 % 0 % 0 % -2 % 0 % -2 % U.S. -1 % 0 % -1 % -4 % 1 % -3 % Americas (U.S., Latin America, Canada) -1 % 0 % -1 % -3 % 0 % -3 % EMEA 1 % 0 % 1 % -2 % 0 % -2 % Asia Pacific & Japan     0 %     0 %     0 %       -4 %     0 %     -4 %                             Deferred Revenue   $ 3,664     $ -     $ 3,664       $ 3,903     $ -     $ 3,903   Deferred Revenue - Y/Y Growth Rate     -6 %     0 %     -6 %       -4 %     0 %     -4 % Deferred Revenue - Y/Y Growth Rate in Constant Currency (5)     1 %     0 %     1 %       -6 %     0 %     -6 %   (1) This presentation includes non-GAAP measures. Non-GAAP fiscal measures are supplemental and should not be considered a substitute for fiscal information presented in accordance with GAAP. For a circumstantial explanation of these non-GAAP measures, gratify remark Symantec’s Explanation of Non-GAAP Measures in Appendix A.   (2) Non-GAAP measures for fiscal 2015 believe been revised to reflect a change in methodology that reduces the number of adjustments to GAAP measures. For a circumstantial explanation of this change in methodology, gratify remark “change in non-GAAP methodology” in Symantec’s Explanation of Non-GAAP Measures in Appendix A.   (3) The revenue adjustment relates to the EDS & NDI contingency. gratify remark Appendix A for more details.   (4) The revenue adjustment relates to the GSA investigation. gratify remark Appendix A for more details.   (5) Management refers to growth rates adjusting for currency so that the industry results can be viewed without the repercussion of fluctuations in peculiar currency exchange rates. They compare the percentage change in the results from one epoch to another epoch in order to provide a framework for assessing how their underlying businesses performed. To exclude the effects of peculiar currency rate fluctuations, current and comparative prior epoch results for entities reporting in currencies other than United States dollars are converted into United States dollars at the actual exchange rates in effect during the respective prior periods (or, in the case of deferred revenue, converted into United States dollars at the actual exchange rate in effect at the conclude of the prior period).   (6) This presentation includes revised amounts from a change in segment reporting. gratify remark Appendix A for more details.       SYMANTEC CORPORATION Operating Margin by Segment Detail (1) (2) (3) (Dollars in millions, unaudited)                 Year Ended April 3, 2015 March 28, 2014     GAAP   Adj (4)   Non-GAAP GAAP   Adj (5)   Non-GAAP Operating Income by Segment                           Consumer Security $ 982 $ 30 $ 1,012 $ 928 $ - $ 928 Enterprise Security 287 - 287 314 10 324 Information Management     486       -       486         571       15       586   Total Operating Income by Segment     1,755       30       1,785         1,813       25       1,838   Reconciling Items: Stock-based compensation 195 (195 ) - 156 (156 ) - Amortization of intangible assets 159 (159 ) - 210 (210 ) - Restructuring, separation, and transition     252       (252 )     -         264       (264 )     -   Total Consolidated Operating Income   $ 1,149     $ 636     $ 1,785       $ 1,183     $ 655     $ 1,838                               Operating Margin by Segment                           Consumer Security 52 % 1 % 53 % 45 % 0 % 45 % Enterprise Security 14 % 0 % 14 % 15 % 0 % 15 % Information Management     19 %     0 %     19 %       23 %     0 %     23 %   (1) This presentation includes non-GAAP measures. Non-GAAP fiscal measures are supplemental and should not be considered a substitute for fiscal information presented in accordance with GAAP. For a circumstantial explanation of these non-GAAP measures, gratify remark Appendix A.   (2) Non-GAAP measures for fiscal 2015 believe been revised to reflect a change in methodology that reduces the number of adjustments to GAAP measures. For a circumstantial explanation of this change in methodology, gratify remark “Change in non-GAAP methodology” in Appendix A.   (3) This presentation includes revised amounts from a change in segment reporting. gratify remark Appendix A for more details.   (4) The revenue adjustment relates to the EDS & NDI contingency. gratify remark Appendix A for more details.   (5) The revenue adjustment relates to the GSA investigation. gratify remark Appendix A for more details.       SYMANTEC CORPORATION Guidance and Reconciliation of GAAP to Non-GAAP Operating Margin and Earnings Per share (1) (Dollars in millions, except per share data, unaudited)   Fiscal Year 2016 Revenue Guidance   Year Ended April 1, 2016   Year-Over-Year Growth Rate (2) (3)   Range   Actual   Constant Currency (4) (5)   Revenue range   $6,210 - $6,350  

(5.0)% - (2.9)%

 

0.0% - 2.3%

              Year Ended April 1, 2016 Year-Over-Year increase (Decrease) (2) Operating Margin Guidance and Reconciliation   Range   Actual   Constant Currency (4) (5)   GAAP operating margin 14.5% - 15.5% (320) bps - (220) bps (108) bps - (8) bps Add back: Stock-based compensation 4.6% Other non-GAAP adjustments 9.9%         Non-GAAP operating margin   29.0% - 30.0%   170 bps - 270 bps   330 bps - 430 bps               Year Ended April 1, 2016 Year-Over-Year Growth Rate (2) Earnings Per share Guidance and Reconciliation   Range   Actual   GAAP diluted earnings per share range $0.86 - $0.96 (31.7)% - (23.8)% Add back: Stock-based compensation, net of taxes $0.30 Other non-GAAP adjustments, net of taxes $0.64     Non-GAAP diluted earnings per share range   $1.80 - $1.90   (4.3)% - 1.1%   First Quarter Fiscal Year 2016 Revenue Guidance Three Months Ended July 3, 2015 Year-Over-Year Growth Rate (2)   Range   Actual   Constant Currency (4) (5)   Revenue range   $1,500 - $1,540   (13.5)% - (11.2)%  

(0.5)% - 2.1%

              Three Months Ended July 3, 2015 Year-Over-Year increase (Decrease) (2) Operating Margin Guidance and Reconciliation   Range   Actual   Constant Currency (4) (5)   GAAP operating margin 14.0% - 15.0% (460) bps - (360) bps 33 bps - 134 bps Add back: Stock-based compensation 3.7% Other non-GAAP adjustments 9.3%         Non-GAAP operating margin   27.0% - 28.0%   240 bps - 340 bps   635 bps - 735 bps               Three Months Ended July 3, 2015 Year-Over-Year Growth Rate (2) Earnings Per share Guidance and Reconciliation   Range   Actual   GAAP diluted earnings per share range $0.20 - $0.23 (41.2)% - (32.4)% Add back: Stock-based compensation, net of taxes $0.06 Other non-GAAP adjustments, net of taxes $0.15     Non-GAAP diluted earnings per share range   $0.41 - $0.44   (8.9)% - (2.2)%   (1) This presentation includes non-GAAP measures. Non-GAAP fiscal measures are supplemental and should not be considered a substitute for fiscal information presented in accordance with GAAP. For a circumstantial explanation of these non-GAAP measures, gratify remark Appendix A.   (2) They believe a 52/53-week fiscal accounting year. The fiscal year ended April 1, 2016 consists of 52 weeks, whereas the fiscal year ended April 3, 2015 consisted of 53 weeks. The quarter ended July 3, 2015 consists of 13 weeks, whereas the quarter ended July 4, 2014 consisted of 14 weeks.   (3) Growth rates are calculated using fiscal year 2015 non-GAAP revenue.   (4) Management refers to growth rates adjusting for currency fluctuations in peculiar currency exchange rates so that the industry results can be viewed without the repercussion of these fluctuations. They compare the percent change of the results from one epoch to another epoch in order to provide a consistent framework for assessing how their underlying businesses performed. To exclude the effects of peculiar currency rate fluctuations, current and comparative prior epoch results for entities reporting in currencies other than United States dollars are converted into United States dollars at the actual exchange rates in effect during the respective prior periods.   (5) These calculations are adjusted for the extra week in the June 2014 quarter.  

SYMANTEC CORPORATION

Explanation of Non-GAAP Measures and Other Items

Appendix A

Segment reporting: In fiscal 2015, they are focused on managing their businesses as a portfolio and optimizing inevitable businesses for margin or growth. As a result, they formed a recent consumer group and they consolidated their enterprise security businesses into a segment. They modified their segment reporting structure to match their operating structure in the second quarter of fiscal 2015. The historical periods presented believe been adjusted to reflect the recent reporting structure, which is now:

• Consumer Security

• Enterprise Security

• Information Management

Consumer Security consists of their consumer security businesses that were previously reported in User Productivity & Protection. Enterprise Security consists of their enterprise security businesses that were previously reported in User Productivity & Protection and Information Security. There were no changes to the Information Management segment.

Objective of non-GAAP measures: They believe their presentation of non-GAAP fiscal measures, when taken together with corresponding GAAP fiscal measures, provides meaningful supplemental information regarding the Company’s operating performance for the reasons discussed below. Their management team uses these non-GAAP fiscal measures in assessing the Company’s operating results, as well as when planning, forecasting and analyzing future periods. They believe that these non-GAAP fiscal measures besides facilitate comparisons of the Company’s performance to prior periods and to their peers and that investors profit from an understanding of the non-GAAP fiscal measures. Non-GAAP fiscal measures are supplemental and should not be considered a substitute for fiscal information presented in accordance with GAAP.

Change in non-GAAP methodology: From time to time, the Company performs a comprehensive review of its non-GAAP fiscal measures. effective in the first quarter of fiscal 2015, non-GAAP fiscal measures are adjusted for the following items: stock-based compensation expense; charges related to the amortization of intangible assets; inevitable other income and expense items that management considers unrelated to the Company’s core operations; and the associated income tax effects of the adjustments. By limiting the number and nature of adjustments, their management team believes this supplemental information will provide more meaningful insight into the performance of the Company’s core industry and enhance investors’ skill to compare the Company’s performance to its peers. The adoption of the change in methodology has been applied retrospectively to prior periods to facilitate comparability across periods.

Stock-based compensation: Consists of expenses for employee stock options, restricted stock units, restricted stock awards, performance based awards and their employee stock purchase draw determined in accordance with the authoritative guidance on stock-based compensation. When evaluating the performance of their individual industry units and developing short- and long-term plans, they attain not deem stock-based compensation charges. Their management team is held accountable for cash-based compensation, but they believe that management is limited in its skill to project the repercussion of stock-based compensation and accordingly is not held accountable for its repercussion on their operating results. Although stock-based compensation is necessary to attract and retain attribute employees, their consideration of stock-based compensation places its primary stress on overall shareholder dilution rather than the accounting charges associated with such grants. In addition, for comparability purposes, they believe it is useful to provide a non-GAAP fiscal measure that excludes stock-based compensation in order to better understand the long-term performance of their core industry and to facilitate the comparison of their results to the results of their peer companies. Furthermore, unlike cash-based compensation, the value of stock-based compensation is determined using knotty formulas that incorporate factors, such as market volatility, that are beyond their control.

                    Three Months Ended April 3,   March 28,

2015

2014

Cost of revenue $ 6 $ 6 Sales and marketing 20 15 Research and development 20 14 General and administrative 9   10 Total stock-based compensation $ 55 $ 45  

Amortization of intangible assets: When conducting internal progress of intangible assets, accounting rules require that they expense the costs as incurred. In the case of acquired businesses, however, they are required to preempt a portion of the purchase charge to the accounting value assigned to intangible assets acquired and amortize this amount over the estimated useful lives of the acquired intangible assets. The acquired company, in most cases, has itself previously expensed the costs incurred to develop the acquired intangible assets, and the purchase charge allocated to these assets is not necessarily reflective of the cost they would incur in developing the intangible asset. They eradicate these amortization charges from their non-GAAP operating results to provide better comparability of pre- and post-acquisition operating results and comparability to results of businesses utilizing internally developed intangible assets.

Restructuring, separation, and transition: They believe engaged in various restructuring, separation, and transition activities over the past several years that believe resulted in costs associated with severance, facilities, transition, and other related costs. Separation and other related costs consist of consulting and disentanglement costs incurred to split the Company into two, independent publicly traded companies, as well as costs to prune selected product lines that attain not suitable either the Company’s growth or margin objectives. Transition and other related costs consist of consulting charges associated with the implementation of recent Enterprise Resource Planning systems. Each restructuring, separation, and transition activity has been a discrete event based on a unique set of industry objectives or circumstances, and each has differed from the others in terms of its operational implementation, industry repercussion and scope. They attain not engage in restructuring, separation, or transition activities in the ordinary course of business. While their operations previously benefited from the employees and facilities covered by their various restructuring and separation charges, these employees and facilities believe benefited different parts of their industry in different ways, and the amount of these charges has varied significantly from epoch to period. They believe that it is considerable to understand these charges and they believe that investors profit from excluding these charges from their operating results to facilitate a more meaningful evaluation of current operating performance and comparisons to past operating performance.

EDS & NDI contingency: On January 24, 2011, a class action lawsuit was filed against the Company and its previous e-commerce vendor Digital River, Inc. The lawsuit alleged violations of California’s Unfair Competition Law, the California Legal Remedies Act and unjust enrichment related to prior sales of Extended Download Service (EDS) and Norton Download Insurance (NDI). On March 31, 2014, the U.S. District Court for the District of Minnesota certified a class of total people who purchased these products between January 24, 2005, and March 10, 2011. In April 2015, they reached agreement in principle with the plaintiffs under which the Company will pay the plaintiffs $30 million. As they deem this settlement amount now estimable and probable, they believe recorded it as an offset to revenue during the year ended April 3, 2015. The Company's management excluded this item when evaluating its ongoing operating performance, and therefore excluded this loss when presenting non-GAAP fiscal measures.

GSA investigation: During the first quarter of fiscal 2013, they were advised by the Commercial Litigation branch of the Department of Justice’s Civil Division and the Civil Division of the U.S. Attorney’s Office for the District of Columbia that the government is investigating their compliance with inevitable provisions of their U.S. common Services Administration (“GSA”) Multiple Award Schedule condense No. GS-35F-0240T effective January 24, 2007, including provisions relating to pricing, country of origin, accessibility, and the disclosure of commercial sales practices. As a result of these developments, they considered the need for an accrual for a potential loss and they recorded an amount as a reduction of revenue that represents their best assay of the low conclude of such range. This amount contemplates estimated losses from both the investigation of compliance with the terms of the GSA Schedule condense as well as practicable violations of the unsuitable Claims Act. There is at least a reasonable possibility that a loss may believe been incurred in excess of their accrual for this matter, however they are currently unable to determine a purview of estimated losses resulting from this matter. The Company's management excluded this item when evaluating its ongoing operating performance, and therefore excluded this loss when presenting non-GAAP fiscal measures.

Release of tax contingencies: During the fourth quarter of fiscal 2015 and second quarter of fiscal 2014, they realized GAAP tax benefits of $39 million and $33 million, respectively, for the resolution of tax matters related to the sale of their 49% ownership interest in the joint venture with Huawei during the fourth quarter of fiscal 2012. The related gain on the sale in the fourth quarter of fiscal 2012 was excluded from non-GAAP results and, accordingly, they believe excluded the tax profit from their non-GAAP results. This GAAP tax profit is presented in the “Income tax effect on above items” line.

Defined profit plans: The Company has defined profit plans in the figure of company mandatory or statutory retirement and termination indemnities in peculiar locations including a company supplemental draw in Germany which is now frozen. In the fourth quarter of fiscal 2015, the Company recorded an $11 million suffuse to operating expenses to adjust for gains and losses on such defined profit plans. This suffuse was included in their non-GAAP results.


Quest rolls out vRanger benchmark as beta testers examine elsewhere | killexams.com existent questions and Pass4sure dumps

There's a recent version of Quest Software's vRanger, the granddaddy of virtual machine (VM) backup software, and it's targeted at smaller VMware shops. But beta testers of the upcoming vRanger Pro 5.0 shriek they are holding out for the more advanced version, while others shriek the product hasn't kept up with the competition and are setting their sights on competitors dote Veeam and Symantec.

The vRanger product line was originally made by Vizioncore, which was acquired by Quest in 2008. The recent vRanger benchmark version is limited to 10-CPU environments and costs $399 per CPU; at this price, vRanger benchmark is billed by Quest as "ideal for SMBs."

Pricing for vRanger Pro is slightly higher at $499 per CPU, but pricing for version 5.0 will be available in November when both releases become generally available, according to Marc Stitt, director of product marketing for Quest.

At VMworld Europe 2010, Quest announced recent features for vRanger Standard, such as distributed processing (rather than having total backups depart through a central server), the skill to retrieve multiple VMs at the identical time (as opposed to going through the recovery wizard separately each time), and a recent wizard that offers granular restore capabilities at the file, database and guest system level. Beta testers for vRanger Pro 5.0 anticipate those features will issue in the Pro release, as well.

"The code ground is the same," confirmed Stitt. "But [Standard] removes some of the more enterprise features to figure pricing more amenable [to SMBs]."

Stitt estimated that 60% to 65% of Quest's vRanger customers suitable into the 10-CPU size range, something channel partners conform with. "Most people using vRanger are under 10 sockets -- six to eight CPUs is predominant among people using vRanger," said Francis Czekalski, senior solutions architect for GreenPages Technology Solutions in Kittery, Maine.

VRanger Pro's built-in replication: the colossal discrepancy and selling pointCzekalski, a vRanger Pro 5.0 beta tester, says he's more interested in Pro edition features that weren't mentioned in the vRanger benchmark announcement, including integration between Vizioncore's vRanger image-backup software and vReplicator replication tool.

"In my honest, blunt opinion, though I dote vRanger, what I'm seeing testing version 5 in beta is really what I wanted to remark in version 4.5 when it was released," he said. VRanger Pro 5.0 will besides allow targets for backup, including Network File System, Secure File Transfer Protocol, and File Transfer Protocol; "not just [Common Internet File System]."

These features are besides what appeal most to beta tester Andrew Gahm, systems and security engineer for South Jersey Healthcare, particularly the integration with vReplicator. The product consolidation eases management of different types of data-protection methods, such as image backups, snapshots and replication. It has Gahm reevaluating the need for networked storage at his disaster-recovery location. "We're looking at replacing their SAN structure with replication [through vRanger] for faultfinding servers."

The vRanger vs. Veeam dogfight continuesQuest and its rival Veeam believe already had a public spat over similar features in their upcoming releases that offer instantaneous recovery of virtual machines from a backup image. Quest's version, FlashRestore, is due out with vRanger Pro 5.0.

Veeam was besides not to be outdone for SMB backup, issuing its own announcement at VMworld Europe 2010 that users of its Essentials license, a bundle of virtual server management tools, are eligible for a free upgrade to Essentials Plus, which besides includes Veeam's Backup and Replication product.

But some mutual channel partners remark users poignant away from vRanger. "We've seen vRanger almost completely disappear at their clients, and most are using Veeam at this point," said one value-added reseller in the Northeast. "The only clients who are silent using vRanger are those who bought it years ago and haven't had any upgrades."

According to Shannon Snowden, a manager of delivery services at consulting hard recent Age Technologies in Louisville, Ky., "We attain believe clients that are using vRanger. I'm confident the recent features will attend withhold them from looking elsewhere. It was considerable for Quest to offer these recent capabilities considering [that] the competition is becoming very feature-rich. "

New software versions from incumbent vendors dote Symantec Corp. are besides luring users away from vRanger. Adam Baum, IT architect for the City of Mesa, Ariz., said he grew frustrated with vRanger's progress over the past four years. The product worked well, but the arrival of recent features has been too behind for Baum's liking, and with physical servers to protect, he planned to standardize on Symantec Corp.'s NetBackup 7.

"About six months after getting up and running, I sent in a feature request list to Vizioncore on features needed to figure the product truly Enterprise ready," he said. "I'm silent waiting for them to be developed."

He will evaluate vRanger Pro 5.0, he said, but "too many times, features in betas entangle pulled from the released product, and I've felt dote the proverbial groom left at the altar."

Beth Pariseau is a senior word writer for SearchServerVirtualization.com. Write to her at bpariseau@techtarget.com.


Information Governance Should be Top Priority For Businesses | killexams.com existent questions and Pass4sure dumps

tarunkaura

Information storage is going through exciting times and with terabytes of data being created, shared and stored across multiple platforms, organizations are increasingly finding it difficult to manage this information diluge. In an exclusive with CXOtoday, Tarun Kaura, Director – Technology Sales, India, Symantec discusses why effective information storage and management will be the focus zone for large enterprises and SMBs in the coming months.

What are the latest trends in information storage and management for the enterprise?

Today, the explosion of Information is challenging the existing solutions deployed in enterprises. IDC forecasts that the volume of digital data will grow 40-50 percent per year clearly indicating that information storage and management will remain in vogue and a colossal focus zone for CIOs across sectors. With trends such as software defined datacenters and integrated backup appliances, expected to gain momentum and moreover as cloud based storage, backup and catastrophe recovery becoming commonplace, effective information storage and management will be a focus zone for large enterprises and SMBs in the coming months.

What are the current information management strategies being deployed by enterprises across different verticals?

Information is the fundamental connecting fabric of every industry today, as more and more companies depend on IT to race their industry and to drive recent opportunities, while operating efficiently and complying with corporate governance practices and industry regulations. Yet, most enterprises today are not organized around information, as they stride their focus on the servers, storage and applications.

For instance, the automobile industry deals with an influx of information owing to their large databases for their manufacturing and sales units. As offices are spread over different locations, there is a rapid growth in data volumes of emails, in both mail storage and Microsoft Exchange databases which drains the company’s finances and slows the overall systems. Often, the current solution being deployed includes individual solutions across different platforms. The result - information islands – an inability to secure and manage information consistently, leading to duplication, inefficiency and the inability to use information for efficiency and competitive advantage.

Similarly for BFSI sector which deals with a lot of confidential data on a daily basis, requires efficient management of data not just to protect the confidentiality of the user, but besides to manage one’s own brand reputation.

The time for better information management is now - without it, storage costs spiral, information becomes harder to find, risks of legal action and privacy breaches escalate, and the return on virtualization is diminished.

What are the key challenges for businesses in information management?

The sheer volume of information and its continued growth is one of the main challenges for businesses. Though the volume of information generated, increases every year, IT budgets cannot withhold up with the identical and IT teams are expected to attain more with the identical staffing levels. At the identical time, failure to properly secure and manage information is landing enterprise into trouble, because halting information stream means halting business. Information outages and data breaches are therefore common in the enterprise. To manage the avalanche of information, organizations should develop an effective information governance program, designed to provide top-down support for the brilliant maintenance of the company’s data requirements.

How can enterprises adjust an effective information management strategy?

While adopting the right technologies is vital in an effective information management strategy, there are a number of areas enterprises need to focus on. First of all, organizations should establish the C-level owner of information governance, who can build an information-responsible culture and create an umbrella of information governance to capture synergies across focused projects. CIOs and other conclusion makers can govern information to achieve industry goals and overcome challenges. They should assume a broader perspective of information governance and work outside of silos. Information governance should be lofty on the organization’s list of priorities.

Secondly, businesses should concentrate on focused projects such as eDiscovery, compliance, archiving and DLP besides having a powerful deduplication strategy for backups and archive. It’s besides considerable to involve security (in addition to retention and eDiscovery) as portion of the strategy.

Finally, businesses should manage information according to its significance to your industry by classifying information that are germane and valuable for the organization.

Tell us about Symantec’s latest offerings in Storage space.

The growth of mission-critical data and applications, supporting real-time decision-making, is driving SSD adoption to increase performance within the data center. They recently announced a recent version of their Storage Foundation software, Storage Foundation 6.1, which will enable data centers to leverage Solid status Drives (SSDs), in ways that could allow customers to access mission faultfinding data and applications 400 percent faster than traditional Storage zone Networks (SANs). Similarly, another recent solution NetBackup 7.6 has besides been designed for enterprise flat scale, which can accommodate hundreds and thousands of virtual machines and petabytes of data while giving customers 400x faster virtual machine recovery than a benchmark restore.

What is Symantec’s growth strategy for next one year?

The technology landscape is constantly evolving as the lines between physical and virtual infrastructures continue to blur, and they believe that they are equipped to capitalize on these developments and deliver the best solutions for their customers. Their Information Management strategy for the coming year broadly focuses on three areas - Availability, Protection and Insight. Each category has independent toolsets designed to efficiently serve their customers, while choosing the platforms that work best for their business. They will continue to focus on these aspects in the coming months.



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