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Symantec Posts Loss; Revenue Rises 7%

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Bloomberg News

Symantec Corp., maker of Norton computer-security software, said it had a fiscal second-quarter loss as revenue rose 7%.

The loss was $11.8 million, or 16 cents a share, in the period ended Sept. 28, compared with a profit of $39.1 million, or 61 cents, a year earlier. Revenue rose to $242.4 million from $226.4 million.

Symantec shares fell $2.72 to close at $47.77 on Nasdaq. They have climbed 43% this year.

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