SecureWorks Sees Q4 Revenue Of $86M-$88M Vs. $86.88M Estimate; Forecasts non-GAAP Net Loss Per Share Of $(0.03)-$(0.05) Vs. $(0.03) Estimate
Portfolio Pulse from Benzinga Newsdesk
SecureWorks reported its Q4 revenue forecast to be between $86M-$88M, aligning with the $86.88M estimate. The company also anticipates a non-GAAP net loss per share of $(0.03)-$(0.05), which is in line with the $(0.03) estimate.
December 07, 2023 | 12:09 pm
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SecureWorks' Q4 revenue forecast is consistent with analysts' expectations, and the projected non-GAAP net loss per share is within the estimated range.
Since SecureWorks' revenue forecast and non-GAAP net loss per share are in line with analyst estimates, there is likely to be a neutral short-term impact on the stock price. The information confirms market expectations, suggesting no significant surprise that would cause a sharp price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100