SecureWorks Corp reports results for the quarter ended in April - Earnings Summary

Secureworks

08/06/2023 14:31

* SecureWorks Corp  SCWX.OQ  reported a quarterly adjusted
loss
of 20 cents​​ per share for the quarter ended in April. The mean
expectation of four analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue fell 22% to $94.40 million from a year ago;
analysts
expected $97.45 million. 
    * SecureWorks Corp's reported EPS for the quarter was a loss
of 36
cents​.
    * The mean earnings estimate of analysts had risen by
about 15.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * SecureWorks Corp shares had fallen by 6.5% this
quarter and
gained 25.4% so far this year.
    * Wall Street's median 12-month price target for SecureWorks
Corp
is $8.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
8 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      -0.15          -0.20          Missed
 Jan. 31 2023      -0.27          -0.17          Beat
 Oct. 31 2022      -0.21          -0.16          Beat
 Jul. 31 2022      -0.16          -0.13          Beat