SecureWorks Corp.

SecureWorks Corp. is a cyber security company engaged 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, and adversarial security testing. The company was founded on 1999 and is headquartered in Atlanta, GA.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q2 2025

Earnings data Q3 2025

SCWX reports strong Q1 performance, eyes growth through Taegis

SCWX's Q1 performance showcased strong revenue growth and financial stability. The company's Taegis product continues to gain market recognition and win new partnerships. While managing down remaining ARR from other MSS presents a challenge, the company is well-positioned to capitalize on opportunities presented by advanced AI models and customer-focused strategies.

SecureWorks reports strong Q2 performance, faces challenges in revenue guidance

SecureWorks demonstrated strong growth in Taegis ARR and revenue, but faces challenges related to longer sales cycles and the sunset of certain business lines. The company is leveraging its strengths in market positioning and partner ecosystem expansion while pursuing opportunities in XDR adoption and cost structure alignment.

SecureWorks reports strong Q3 performance, poised for growth ahead

SecureWorks demonstrated strong financial performance, marked by significant revenue growth, improved adjusted EBITDA, and expanded market share. While challenges persist in terms of EBITDA loss and cash usage, the company's strategic priorities and partnerships position them for future success. With a clear path to breakeven and opportunities for further growth, SecureWorks remains well-positioned in the cybersecurity market.

SecureWorks reports robust growth in Taegis solutions, eyes profitability

SecureWorks is making strides in transitioning to higher-margin SaaS subscriptions while driving strong growth in Taegis solutions.
Despite near-term challenges such as workforce reduction and EBITDA losses, the company is focused on long-term profitability.
Opportunities lie in expanding customer base, achieving breakeven EBITDA, and capitalizing on the growth potential of Taegis ARR.

SecureWorks' Taegis platform drives growth amidst profitability challenges

Secureworks' Taegis platform excelled in Q1 2024, driving revenue growth and customer adoption with a focus on simplicity, integration, and AI-driven outcomes.
While facing profitability challenges and short-term financial pressures, Secureworks aims for growth inflection in the second half of the fiscal year.
Strategic alignment with a Taegis-centric model, cost structure optimization, and margin expansion efforts position Secureworks for long-term success.

SecureWorks reports robust Q2 revenue growth and strategic cost alignment

SecureWorks Corp. demonstrated strong revenue growth and cost alignment in Q2 2024, driven by the success of the Taegis platform.
While facing challenges of longer sales cycles and restructuring costs, the company remains focused on profitability and market expansion.
Opportunities lie in driving Taegis adoption, leveraging partner ecosystems, and following revised guidance for sustained growth and financial health.

SecureWorks excels in Q3 2024, poised for profitability next quarter

SecureWorks reported robust financial performance, highlighted by revenue growth, narrowing EBITDA loss, and market leadership in XDR technology. While facing challenges from sales cycle elongation and budget constraints, the company remains focused on driving sustainable growth through customer-centric solutions and a strong partner network.

SecureWorks reports strong Q4 performance and outlines growth opportunities

SecureWorks Corp. delivered a strong performance in Q4 2024, showcasing growth in revenue, ARR, and positive EBITDA, positioning the company well for future success.
Industry recognition, customer-centric approach, and strategic partnerships are key strengths driving demand for the AI-powered Taegis platform and enhancing market competitiveness.
Challenges in pricing strategy, renewal cohort management, and balancing growth with profitability require a transparent and strategic approach to sustain financial health.
Opportunities lie in the positive Fiscal '25 outlook, the evolving threat landscape emphasizing the need for cybersecurity solutions, and the potential for market expansion through successful partnerships.

SecureWorks excels in Q1, transitions to SaaS model successfully

SecureWorks delivered strong financial results, exceeding revenue guidance and showcasing improved margins.
The company's transition to a product-led SaaS model and focus on AI-driven security solutions position it for future growth.
Challenges lie in sustaining momentum in a competitive market and balancing innovation with profitability targets.
Opportunities abound in expanding partnerships, launching new products, and capitalizing on the growing cybersecurity market.

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Shares of SecureWorks (NASDAQ:SCWX) moved lower by 4% in pre-market trading after the company reported Q2 results.

SecureWorks: Q2 Earnings Insights

Leading vulnerability scanning and prioritization solution will broaden Secureworks’ cloud-based portfolio Leading vulnerability scanning and prioritization solution will broaden Secureworks’ cloud-based portfolio

Secureworks to Acquire Delve Laboratories, Inc.

SecureWorks (SCWX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SecureWorks (SCWX) Reports Next Week: Wall Street Expects Earnings Growth

SecureWorks (SCWX) to Report Q2 Results: Wall Street Expects Earnings Growth

ATLANTA, Aug.  26, 2020  (GLOBE NEWSWIRE) -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its second quarter fiscal 2021 financial results Wednesday, Sept. 9, 2020, before the open of regular U.S. stock market trading hours.

Secureworks to Report Second Quarter Fiscal 2021 Financial Results on Sept. 9, 2020

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SecureWorks Corp. (SCWX) CEO Mike Cote on Q1 2021 Results - Earnings Call Transcript

SecureWorks (SCWX) delivered earnings and revenue surprises of 160.00% and 4.16%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?

SecureWorks (SCWX) Tops Q1 Earnings and Revenue Estimates

Shares of SecureWorks (NASDAQ:SCWX) rose 5% in pre-market trading after the company reported Q1 results.

SecureWorks: Q1 Earnings Insights

Though SecureWorks' (SCWX) Q1 performance is likely to have gained from a healthy demand environment, a revenue shift from Dell SafeGuard portfolio mix to VMware Carbon Black might have hurt margins.

What's in Store for SecureWorks (SCWX) This Earnings Season?

Earnings Preview: SecureWorks (SCWX) Q1 Earnings Expected to Decline

Secureworks Corp. (SCWX) CEO Michael Cote on Q4 2020 Results - Earnings Call Transcript

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Per sources, Dell (DELL) is considering acquiring the remaining 13.8% shares of Secureworks.

Dell (DELL) Likely to Purchase Remaining Stake in Secureworks

As of late, it has definitely been a great time to be an investor in SecureWorks.

Will SecureWorks Continue to Surge Higher?

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SecureWorks (SCWX) is the subject of M&A news on Monday following talk that Dell (DELL) wants to buy out the rest of the company.
The post M&A News: SecureWorks Stock Soars 16% on Possible Dell Deal appeared first on InvestorPlace.

M&A News: SecureWorks Stock Soars 16% on Possible Dell Deal

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SecureWorks Corp. (SCWX) CEO Michael Cote on Q3 2020 Results - Earnings Call Transcript

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SecureWorks Corp.'s (SCWX) CEO Michael Cote on Q2 2020 Results - Earnings Call Transcript

SecureWorks (NASDAQ: SCWX) will be releasing its next round of earnings this Thursday, September 5.

Q2 Earnings Preview For SecureWorks

Earnings Preview: SecureWorks (SCWX) Q2 Earnings Expected to Decline

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SecureWorks (SCWX) CEO Michael Cote on Q1 2020 Results - Earnings Call Transcript

SecureWorks (SCWX) delivered earnings and revenue surprises of 60.00% and 0.57%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?

News for SecureWorks Corp. Stock (SCWX)