SecureWorks (SCWX) PT Lowered to $13 at RBC Capital
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Go back to SecureWorks (SCWX) PT Lowered to $13 at RBC Capital
March 29, 2018 6:29 AM EDT
Citi lowered its price target on SecureWorks (NASDAQ: SCWX) to $10.00 (from $11.00) while maintaining a Neutral rating.
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March 29, 2018 4:13 AM EDT
Stifel downgraded SecureWorks (NASDAQ: SCWX) from Buy to Hold with a price target of $9.00 (from $14.00).
Analyst Gur Talpaz says gross margins are moving the wrong direct and believes a path to 60% GMs is proving to become less clear. The analyst... More
March 28, 2018 7:05 AM EDT
Note: EPS may not be comparable
SecureWorks Corp. (NASDAQ: SCWX) reported Q4 EPS of ($0.12), $0.04 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $120.65 million versus the consensus estimate of $117.69 million.
Fourth Quarter Fiscal 2018 Financial Results Highlights
Revenue increased 1.4 percent to $120.7 million in the fourth quarter of fiscal 2018, from $118.9 million in the same period last year. Non-GAAP revenue increased 1.4 percent to $120.8 million from $119.2 million in the fourth quarter of fiscal 2017.Excluding the additional week of operations in the fourth quarter of fiscal 2017, revenue increased 9.7 percent, and non-GAAP revenue...
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