Symantec 2003 Annual Report Download - page 5

Symantec 2003 3
In the process of implementing our integrated security strat-
egy, we acquired four companies during the year to round out
our product portfolio.
With the acquisition of SecurityFocus, we provide the most
complete, proactive security alerting service across the broadest
range of threats. Our team now monitors nearly 20,000 network
sensors across 180 countries.
Our acquisition of Recourse Technologies brings next-
generation network intrusion protection capability into our
product portfolio, and offers customers significant performance
and detection enhancements. We booked the largest deal in the
history of ManHunt™ with the Navy Marine Corps intranet project,
and won competitive engagements against all other vendors.
In response to customer requests for less complex, fully
integrated security solutions, we introduced two category-
defining, integrated products. Symantec™ Client Security gained
momentum in all regions and key vertical markets. This integrated
client-tier solution delivers great value to our customers, and
gives us an opportunity to capture additional revenue from exist-
ing relationships.
Our Symantec™ Gateway Security appliance also gained trac-
tion, particularly in small- to medium-sized enterprises and remote
offices of larger corporations. VeriTest recently gave it high marks
as an easy-to-use, cost-effective tool for securing network gateways.
In October 2002, we introduced the Symantec™ Security
Management System, which provides an open, standards-based
approach to connect security solutions across the enterprise
network. Symantec™ Enterprise Security Architecture provides
the building blocks to deliver an open security platform that is
more robust, yet simpler to manage. We integrated the correlation
technology acquired from Mountain Wave with the release of
Symantec™ Incident Manager 2.0.
In growing numbers, customers are recognizing the value
of outsourcing the monitoring and management of their network
environment to a team of true security professionals. With the
acquisition of Riptech, Symantec became the leading provider
of managed security services. We’ve kept our commitment to pro-
tect customers’ existing investment by managing the broadest
range of security sensors being deployed in more than 600 cus-
tomer networks worldwide.
Net Income (Loss) (millions)
Reconciliations of GAAP and non-GAAP measures may be found on the inside cover of this annual report
GAAP
non-GAAP
99 00 01 02 03
$50
$98
$170
$143
$64
$184
($28)
$201
$248
$280
Earnings (Loss) per Diluted Share
Reconciliations of GAAP and non-GAAP measures may be found on the inside cover of this annual report
GAAP
non-GAAP
99 00 01 02 03
$0.43
$0.67
$1.37
$0.94
$0.47
$1.17
($0.20)
$1.30
$1.54
$1.72