SecureWorks Q2 Adj. EPS $(0.10) Beats $(0.15) Estimate, Sales $92.97M Beat $91.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
SecureWorks (NASDAQ:SCWX) reported Q2 adjusted losses of $(0.10) per share, beating the analyst consensus estimate of $(0.15) by 33.33%. This is a 23.08% increase over losses from the same period last year. The company also reported quarterly sales of $92.97 million, beating the analyst consensus estimate of $91.33 million by 1.79%. However, this is a 19.98% decrease over sales from the same period last year.
September 07, 2023 | 11:03 am
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SecureWorks reported better than expected Q2 results, with both EPS and sales beating estimates. However, sales are down 19.98% YoY.
SecureWorks reported better than expected Q2 results, which is generally a positive signal for the stock. However, the decrease in sales compared to the same period last year might be a concern for investors.
CONFIDENCE 90
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