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

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

Secureworks Reports First Quarter Fiscal 2022 Results

June 3, 2021 7:01 AM EDT

ATLANTA, June 03, 2021 (GLOBE NEWSWIRE) -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its first quarter, which ended on April 30, 2021.

Key Highlights

500 customers on cloud-native Secureworks Taegis platform, resulting in annual recurring revenue (ARR) growth for the product of 191 percent on a year-over-year basis and 32 percent sequentially from the fourth quarter of fiscal year 2021, to end the first quarter of fiscal 2022 at $72 million.  For the quarter, GAAP gross margin increased to a record 59.0 percent and non-GAAP... More