SecureWorks (SCWX) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this information security services provider would post earnings of $0.01 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four ...

ATLANTA, Dec. 4, 2024 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its third quarter fiscal 2025, which ended on November 1, 2024.Key Highlights Taegis™ third quarter revenue grew 6% year-over-year to $71.4 million. Total annual recurring revenue (ARR) grew to $288.8 million, an increase of 4% on a year-over-year basis. Taegis GAAP gross margin and non-GAAP gross margin continued to expand year-over-year in the third quarter, reaching 7 ...

ATLANTA, Nov. 20, 2024 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX) today announced that it plans to release its third quarter fiscal 2025 financial results on Wednesday, December 4, 2024, before the open of regular U.S. stock market trading hours. Secureworks will not be hosting a quarterly earnings conference call in light of the pending transaction with Sophos.About SecureworksSecureworks (NASDAQ: SCWX) is a global cybersecurity leader that secures human progress with Secureworks Taegis™, a SaaS-based, op ...

NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating SecureWorks Corp. (Nasdaq: SCWX), relating to a proposed merger with Sophos Inc. Under the terms of the agreement, all SecureWorks shares will automatically be converted into the right to ...

Secureworks annual State of The Threat Report outlines cybercriminals response as law enforcement operations successfully cause widespread disruption to ransomware operations ATLANTA, Oct. 8, 2024 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX) 2024 State of the Threat Report has revealed a 30% year-over-year rise in active ransomware groups, which demonstrates fragmentation of an established criminal ecosystem. 31 new groups entered the ransomware ecosystem during the last 12 months, and based on numbers of vi ...

ATLANTA, Sept. 5, 2024 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its second quarter fiscal 2025, which ended on August 2, 2024. Key Highlights Taegis™ second quarter revenue grew 7% year-over-year to $71.2 million. Total annual recurring revenue (ARR) grew to $290 million, an increase of 5% on a year-over-year basis. Taegis GAAP gross margin and non-GAAP gross margin continued to expand year-over-year in the second quarter, reaching 7 ...

SecureWorks (SCWX) shares soared 20.4% in the last trading session to close at $8.73. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.8% loss over the past four weeks. SecureWorks' shares appreciated following an exclusive report by Reuters stating that its parent company, Dell Technologies, is exploring a possible sale of the cybersecurity firm. Citing people familiar with the matter, Reuters revealed that Dell has hired inves ...

New Taegis™ IDR solution stops identity-based attacks in real time ATLANTA, Aug. 28, 2024 /PRNewswire/ -- Secureworks®, (NASDAQ: SCWX), a global leader in cybersecurity, today announced a new industry benchmark of 90 seconds to discover identity related risks and misconfigurations*, an issue that impacts 95% of organizations. Launched today, Secureworks Taegis™ IDR, a new Identity Threat Detection and Response (ITDR) solution, proactively closes security gaps by leveraging advanced AI and machine learning, ...

ATLANTA, Aug. 15, 2024 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its second quarter fiscal 2025 financial results on Thursday, September 5, 2024, before the open of regular U.S. stock market trading hours. Secureworks® will host a conference call that day to review the results at 8:00 a.m., Eastern time. A live audio webcast of the conference call will be accessible on the company's website at https://investors.secureworks.com. The webcast will be archived at the sa ...

ATLANTA, July 16, 2024 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today announced the launch of Taegis™ ManagedXDR Plus, a new Managed Detection and Response (MDR) offering that liberates the mid-market from indistinct, cookie cutter security solutions that don't meet their unique security requirements. Today's announcement means that this market sector will no longer be forced to use homogenous cybersecurity solutions that don't align to unique environments or the AIfuel ...