SecureWorks Corp. (SCWX) Tops Q3 EPS by 4c, Revenues Beat; Offers Q4 & FY20 EPS/Revenue Guidance Above Consensus

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Secureworks Reports Third Quarter Fiscal 2020 Results

December 5, 2019 7:00 AM EST

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 provided by operating activities to $35.9 million, compared with $26.0 million third quarter year-to-date in fiscal 2019.

ATLANTA--(BUSINESS WIRE)-- Secureworks (NASDAQ:... More