Secureworks Reports Record Second Quarter Fiscal 2019 Results

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Go back to Secureworks Reports Record Second Quarter Fiscal 2019 Results

SecureWorks (SCWX) PT Raised to $14 at RBC Capital

September 6, 2018 7:35 AM EDT

RBC Capital analyst Matthew Hedberg raised the price target on SecureWorks (NASDAQ: SCWX) to $14.00 (from $13.00) while maintaining an Outperform rating following better-than-expected results.

Hedberg said increasing deal sizes and strong international growth remain highlights.

... More

UPDATE: SecureWorks Corp. (SCWX) Tops Q2 EPS by 4c, Revenues Beat; Offers FY19 EPS Mid-Point Outlook Above Consensus, FY19 Revenue Outlook Above Consensus

September 5, 2018 7:06 AM EDT

(Updated - September 5, 2018 7:07 AM EDT)

SecureWorks Corp. (NASDAQ: SCWX) reported Q2 EPS of ($0.01), $0.04 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $128.8 million versus the consensus estimate of $127.62 million.

Revenue grew 10.8 percent over fiscal 2018 to $128.8 million, including 50 percent growth year-over-year internationally.Monthly... More