SecureWorks Corp. (SCWX) Tops Q3 EPS by 3c, Revenues Beat

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Secureworks Reports Third Quarter Fiscal 2021 Results

December 3, 2020 7:00 AM EST

News Summary

Achieved third quarter revenue of $141.6 million. GAAP gross margin increased to a record 57.9 percent during the quarter and non-GAAP gross margin increased to a record 60.7 percent.Nearly 300 customers on our cloud-native Threat Detection and Response (TDR) security application.Significant sequential ARR growth of 25 percent from TDR and Managed Detection and Response (MDR) security analytics offerings.Offering customers a compelling alternative to legacy SIEMs through the addition of log retention... More