SecureWork reports Q3 beats, raises FY guidance

|By:, SA News Editor

SecureWorks (NASDAQ:SCWXgains 1% premarket after it reports Q3 results that beat EPS and revenue estimates with a 14% Y/Y revenue growth. Q4 guidance has downside revenue from $132M to $133M (consensus: $136.8M) and upside EPS of $0.00 to $0.01 (consensus: -$0.02).

Raised FY19 guidance has revenue of $520M to $521M (consensus: $519.3M; was: $518M to $520M) and EPS of -$0.01 to $0.00 (consensus: -$0.16; was: -$0.17).

FY20 guidance expects revenue of $565M to $575M (consensus: $568M).

Earnings call is scheduled for 8 AM ET with a webcast available here.

Press release.

Previously: SecureWorks beats by $0.11, beats on revenue (Dec. 6)

Subscribe for full text news in your inbox