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

Secureworks

07/09/2023 14:31

* SecureWorks Corp  SCWX.OQ  reported a quarterly adjusted
loss
of 10 cents​​ per share for the quarter ended in July. The mean
expectation of four analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue fell 20% to $92.97 million from a year ago;
analysts
expected $91.34 million. 
    * SecureWorks Corp's reported EPS for the quarter was a loss
of 38
cents​.
    * The mean earnings estimate of analysts was unchanged 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 6.1% this
quarter and
gained 6.3% so far this year.
    * The company reported a quarterly loss of $32.36 million.
    * 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
September 7 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      -0.15          -0.10          Beat
 Apr. 30 2023      -0.15          -0.20          Missed
 Jan. 31 2023      -0.27          -0.17          Beat
 Oct. 31 2022      -0.21          -0.16          Beat