SecureWorks (NASDAQ:SCWX) issued an update on its FY 2022 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $-0.130–0.040 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.280. The company issued revenue guidance of $540 million-550 million, compared to the consensus revenue estimate of $540.67 million.SecureWorks also updated its Q2 2022 guidance to $-0.030-0.000 EPS.
NASDAQ SCWX traded up $1.05 during trading on Thursday, hitting $18.20. The company’s stock had a trading volume of 276,002 shares, compared to its average volume of 92,365. The business’s 50 day moving average is $14.08. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of -67.41 and a beta of 1.11. SecureWorks has a 52 week low of $10.01 and a 52 week high of $18.25.
SecureWorks (NASDAQ:SCWX) last issued its quarterly earnings results on Wednesday, June 2nd. The technology company reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.09. SecureWorks had a negative return on equity of 0.06% and a negative net margin of 3.90%. The company had revenue of $139.50 million for the quarter, compared to the consensus estimate of $135.10 million. During the same period in the previous year, the business posted $0.03 EPS. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. Sell-side analysts forecast that SecureWorks will post -0.56 EPS for the current year.
SecureWorks Company Profile
SecureWorks Corp. is a cyber security company, which engages in the provision of information security solutions. The firm’s products include extended detection and response, managed detection and response, and vulnerability management. Its services include managed security, incident response, threat intelligence, security consulting, adversarial security testing.
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