SecureWorks Corp. (SCWX) Tops Q1 EPS by 8c, Revenues Beat

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Go back to SecureWorks Corp. (SCWX) Tops Q1 EPS by 8c, Revenues Beat

Secureworks Reports First Quarter Fiscal 2021 Results

June 4, 2020 7:00 AM EDT

News Summary

First quarter revenue of $141.2 million grew 6.3 percent year-over-year, with 25 percent growth year-over-year internationally. 40 percent sequential growth in annual recurring revenue from its Red Cloak Threat Detection and Response (TDR) software and Managed Detection and Response (MDR) offerings. Record quarterly incident response revenue, as Secureworks leveraged its resilient workforce to help global customers safely operate in their evolving remote landscapes. Net loss of $0.09 per share and non-GAAP net income per share of $0.03 improved over the first quarter of fiscal 2020. GAAP net loss of... More