For the upcoming third quarter, Symantec expects sales to range between $1.65-$1.69 billion. Margins however are likely to contract in Q3FY15 following the exit of certain OEM deals in the Consumer Security business. Also, the proposed spin-off of the Information Management business into a separate entity is likely to weigh on overall margins. The company expects restructuring charges of $100 ? $120 million in relation to the spin-off, with half of these costs coming in FY15. The company also expects a separation cost ranging between $80 ? $100 million over the next 5 quarter that should impact margins and earnings.
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