Secureworks Reports First Quarter Fiscal 2020 Results
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SecureWorks (SCWX) PT Lowered to $16 at RBC Capital
June 6, 2019 6:26 AM EDTRBC Capital analyst Matthew Hedberg lowered the price target on SecureWorks (NASDAQ: SCWX) to $16.00 (from $18.00) while maintaining a Sector Perform rating.
Cautious outlook, but management excited about push towards software... MoreSecureWorks Corp. (SCWX) Tops Q1 EPS by 3c, Affirms Q2/FY20 EPS Mid-Points Views Below Consensus, Q2/FY20 Revenue Guidance Below Consensus
June 5, 2019 7:10 AM EDTSecureWorks Corp. (NASDAQ: SCWX) reported Q1 EPS of ($0.02), $0.03 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $132.08 million versus the consensus estimate of $132.04 million.
Revenue of $132.8 million, increased 5.3 percent from the first quarter of fiscal 2019, including 26 percent internationally.Net loss of $0.10 per share and non-GAAP net loss per share of $0.02 improved over the first quarter of fiscal 2019 and exceeded expectations.GAAP net loss... More