SecureWorks Corp. (SCWX) Tops Q4 EPS by 1c, FY EPS Guidance Misses Consensus

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Go back to SecureWorks Corp. (SCWX) Tops Q4 EPS by 1c, FY EPS Guidance Misses Consensus

Secureworks Reports Fourth Quarter and Full Year Fiscal 2019 Results and $15 Million Increase to Stock Repurchase Program

March 27, 2019 7:00 AM EDT

Fourth Quarter and Full Year Fiscal 2019 Highlights

Revenue in fiscal 2019 of $518.7 million grew 10.9 percent over fiscal 2018, including 50 percent growth year over year in international revenue. Revenue was $130.7 million in the fourth quarter. Fourth quarter 2019 net loss was $0.15 per share and $0.48 per share in the full fiscal year. Non-GAAP earnings per share were $0.02 in the fourth quarter and full fiscal year 2019. GAAP net loss was $11.8 million and $39.1 million in the fourth quarter and fiscal year 2019, respectively, compared with net income of $22.5 million and net loss of $10.4 million in the... More