Internet security company Symantec achieved net income of $68 million for its first quarter to 4 July, compared with $57 million for the same period last year.
This was on the back of a 24% increase in first-quarter revenue, from $316 million to $391 million.
Earnings per share (EPS) of $0.41 compare with $0.36 a year earlier.
Symantec says if amortisation of intangibles, restructuring costs and other items were excluded, it would have reported net income of $75 million and earnings per share of $0.45, up from $66 million and $0.41 respectively.
"We continue to see strong performance across all segments of our business around the world, despite the difficult economic environment," says chairman and CEO John Thompson.
"We believe our investments in the broadest range of security technologies and services delivered to the most diverse set of customers in our segment will continue to fuel the future growth of our company."
The group's worldwide enterprise security business contributed 42% of revenue and grew 25% compared with the year-earlier quarter.
The consumer business, which grew 35%, accounted for 43% of revenue while the enterprise administration business declined by 11% and represented 13% of revenue. Services grew 160% and contributed 2% of revenue.
International revenues accounted for 51% of total revenue, with the greatest growth (55%) taking place in Europe, the Middle East and Africa.
Symantec management expects second-quarter revenue to come in at between $375 million and $395 million, while EPS is forecast at about $0.38.
For the year to 2 April 2004, Symantec is forecasting revenue of about $1.67 billion and EPS of $1.82.
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