November 1, 2018 / 8:34 PM / 8 months ago

UPDATE 1-Symantec second-quarter profit beats estimates

(Adds share price, compares with estimates)

Nov 1 (Reuters) - Norton antivirus maker Symantec Corp beat analysts' estimates for second-quarter profit and revenue on Thursday, driven by growth in its consumer-end business.

The company's shares were down 1 percent in choppy trading after the bell.

Revenue from Symantec's consumer security division rose 8.5 percent to $601 million. The segment accounted for more than half of the company's total revenue.

Analysts on average were expecting revenue of $582.4 million in the segment, according to IBES data from Refinitiv.

The company's loss narrowed to $8 million, or 1 cent per share, in the quarter ended Sept. 28 from $12 million, or 2 cents per share, a year earlier.

On an adjusted basis, the company earned 42 cents per share. Revenue fell to $1.18 billion from $1.24 billion.

Analysts on average had expected earnings of 33 cents per share, on revenue of $1.15 billion. (Reporting by Munsif Vengattil in Bengaluru; Editing by Anil D'Silva and Shounak Dasgupta)

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