SecureWorks (SCWX) PT Raised to $11 at Citi

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Go back to SecureWorks (SCWX) PT Raised to $11 at Citi

SecureWorks Reports Second Quarter Fiscal 2018 Results

September 6, 2017 7:00 AM EDT

Revenue increased 12 percent year-over-year to $116 million. Gross margin increased 250 basis points over last year; non-GAAP gross margin increased 210 basis points over last year. Net cash provided by operating activities was $11.2 million for the three months ended August 4, 2017. Increased Fiscal Year 2018 Revenue guidance to be in the range of $462 to $465 million; Non-GAAP Revenue guidance to be in the range of $463 to $466 million.

ATLANTA--(BUSINESS WIRE)-- SecureWorks (NASDAQ: SCWX), a leading provider of intelligence-driven information security... More