Secureworks Reports First Quarter Fiscal 2021 Results

News Summary

First quarter revenue of $141.2 million grew 6.3 percent year-over-year, with 25 percent growth year-over-year internationally.
40 percent sequential growth in annual recurring revenue from its Red Cloak™ Threat Detection and Response (TDR) software and Managed Detection and Response (MDR) offerings.
Record quarterly incident response revenue, as Secureworks leveraged its resilient workforce to help global customers safely operate in their evolving remote landscapes.
Net loss of $0.09 per share and non-GAAP net income per share of $0.03 improved over the first quarter of fiscal 2020.
GAAP net loss of $7.5 million in the first quarter of fiscal 2021, down from $8.3 million in the first quarter of fiscal 2020.

ATLANTA, Ga. - June 4, 2020 - Secureworks (NASDAQ: SCWX), the essential cybersecurity company for the digitally connected world, today announced financial results for its first fiscal quarter, which ended on May 1, 2020.

Read the full release: Secureworks Reports First Quarter Fiscal 2021 Results

Contact Information

Investor Inquiries:
Richie Downum
Investor Relations Director
404-235-1021
rdownum@secureworks.com

Media Inquiries:
Doreen Kelly Ruyak
Corporate Communications
202-744-9767
druyak@secureworks.com