SecureWorks Corp. (SCWX) Tops Q1 EPS by 6c; Guides Q2, FY17

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Go back to SecureWorks Corp. (SCWX) Tops Q1 EPS by 6c; Guides Q2, FY17

SecureWorks Reports Strong First Quarter Fiscal 2017 Financial Results

June 1, 2016 7:01 AM EDT

Revenue increased 29 percent to $99.8 million. Non-GAAP revenue increased 28 percent to $100.0 million. Gross margin increased 680 basis points to 50.0 percent. Non-GAAP gross margin expanded by 170 basis points to 53.6 percent. Net loss per share improved to $0.17. Non-GAAP net loss per share improved to $0.09.

ATLANTA--(BUSINESS WIRE)-- SecureWorks (NASDAQ: SCWX), a provider of intelligence-driven information security solutions, today announced financial results for the fiscal quarter ended April 29, 2016. The Company narrowed its operating loss in the first quarter as revenue grew by 29 percent to approximately $100 million,... More