Secureworks Reports First Quarter Fiscal 2019 Results

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Go back to Secureworks Reports First Quarter Fiscal 2019 Results

SecureWorks Corp. (SCWX) Tops Q1 EPS by 1c, Revenues Beat; FY19 EPS Mid-Point Guide Above Consensus, FY19 Revenue Outlook Above Consensus

June 6, 2018 7:07 AM EDT

SecureWorks Corp. (NASDAQ: SCWX) reported Q1 EPS of ($0.06), $0.01 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $126.5 million versus the consensus estimate of $122.5 million.

First Quarter Fiscal 2019 Highlights

Revenue grew 11 percent over fiscal 2018 to $126.2 million.Monthly recurring revenue (MRR) increased 11 percent year-over-year to $35.5 million.International revenue grew 57 percent over prior year.Revenue retention rate was 100 percent in the first quarter of fiscal 2019.

ATLANTA--(BUSINESS WIRE)-- Secureworks (NASDAQ: SCWX), a leading global cybersecurity company that protects... More