SecureWorks Corp. (SCWX) Reports Q3 EPS of $0.06, Revenues Beat; Updated FY19 EPS/Revene Guidance Above Consensus, Offers FY19 Revenue Mid-Point Outlook Above Consensus

SecureWorks Corp. (NASDAQ: SCWX) reported Q3 EPS of $0.06, versus $0.00 reported last year. Revenue for the quarter came in at $133.1 million versus the consensus estimate of $130.61 million.

“We had a strong third quarter, with revenue growth of 13.6 percent and continued improvements in our operating leverage. I am pleased with our progress and remain excited about the significant opportunities for further growth and productivity enhancements as we continue executing against our objectives,” said Michael R. Cote, Chief Executive Officer of Secureworks.

“Amidst a constantly evolving threat landscape and increasingly complex technology ecosystems, we continue to bring intelligence-driven, software-enabled solutions to the market, delivering integrated visibility and effective security for our customers,” continued Mr. Cote.

GUIDANCE:

SecureWorks Corp. sees FY2019 EPS of ($0.01)-$0.00, versus the consensus of ($0.16). SecureWorks Corp. sees FY2019 revenue of $520-521 million, versus the consensus of $519.27 million.

SecureWorks Corp. sees FY2019 revenue of $565-575 million, versus the consensus of $567.33 million.

For earnings history and earnings-related data on SecureWorks Corp. (SCWX) click here.

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