Secureworks Reports Third Quarter Fiscal 2020 Results
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SecureWorks Corp. (SCWX) Tops Q3 EPS by 4c, Revenues Beat; Offers Q4 & FY20 EPS/Revenue Guidance Above Consensus
December 5, 2019 7:12 AM ESTSecureWorks Corp. (NASDAQ: SCWX) reported Q3 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $141.3 million versus the consensus estimate of $136.05 million.
Third Quarter Fiscal 2020 Highlights
Revenue of $141.3 million, increased 6.2 percent from the third quarter of fiscal 2019, including an increase of 18 percent, internationally.GAAP net loss in the third quarter of fiscal 2020 was $7.9 million or $0.10 on a per share basis.Non-GAAP earnings were $0.01 per share and Adjusted EBITDA was $5.8 million.Cash provided by operating activities was $22.6 million in the third quarter, bringing year-to-date cash... More