The organization's shares were down 16.4 percent at $15.13 before the chime on Thursday.
Symantec evaluated income of $873 million (generally Rs. 5,807 crores) for the quarter finished April 1, lower than its conjecture of $885 million-$915 million (generally Rs. 5,888 crores - Rs. 6,087 crores).
Investigators by and large were expecting income of $901.2 million (generally Rs. 5,996 crores), as indicated by Thomson Reuters I/B/E/S.
The organization assessed a balanced benefit of 22 pennies for each offer, beneath the normal examiner evaluation of 25 pennies. The organization had before conjecture benefit, barring things, of 24-27 pennies.
Cocoa, who has been the President for more than one-and-a-half years, will proceed in his post until a successor has been designated, the organization said.
The security programming producer said it shaped an "office of president" to concentrate on the organization's key needs as it proceeds with its quest for Chestnut's successor.
The organization said Ajei Gopal, who is additionally going to be a piece of the workplace, is rejoining Symantec as head working officer.
Mountain View, California-based Symantec has been confronting headwinds as abating offers of PCs hurt interest for its security programming, which comes packaged with PCs.
As the interest for customary antivirus programming falls, the organization has been making programming that have numerous layers of security, particularly for organizations hoping to ensure themselves against progressively complex digital assaults.
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