SecureWorks (SCWX) Surpasses Q3 Earnings and Revenue Estimates

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SecureWorks (SCWX) Surpasses Q3 Earnings and Revenue Estimates

SecureWorks (SCWX) received right here out with quarterly earnings of $0.01 per share, beating the


SecureWorks (SCWX) received right here out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a scarcity of $0.03 per share. This compares to earnings of $0.06 per share a 12 months prior to now. These figures are adjusted for non-recurring devices.

This quarterly report represents an earnings shock of 133.33%. 1 / four prior to now, it was anticipated that this knowledge security corporations provider would put up a scarcity of $0.04 per share when it actually produced a scarcity of $0.01, delivering a shock of 75%.

Over the previous four quarters, the company has surpassed consensus EPS estimates four events.

SecureWorks, which belongs to the Zacks Pc programs – IT Suppliers enterprise, posted revenues of $141.33 million for the quarter ended October 2019, surpassing the Zacks Consensus Estimate by 3.73%. This compares to year-ago revenues of $133.06 million. The company has topped consensus revenue estimates thrice over the last four quarters.

The sustainability of the stock’s quick value…



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