Secureworks Expects FY25 Revenue of $328M-$335M (Prior $325M-$335M) Vs $330.25M Est, Adj EPS of $0.03-$0.09 (Prior $0.05-$0.11) Vs $0.07 Est
Portfolio Pulse from Benzinga Newsdesk
Secureworks has updated its fiscal year 2025 guidance, expecting revenue between $328M and $335M, slightly up from the previous $325M-$335M range. The adjusted EPS is now projected at $0.03-$0.09, compared to the prior $0.05-$0.11 range.
September 05, 2024 | 11:06 am
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Secureworks has slightly increased its revenue guidance for FY25 to $328M-$335M, while adjusting its EPS forecast to $0.03-$0.09. This indicates a cautious outlook on profitability.
The slight increase in revenue guidance suggests a positive outlook on sales, but the lowered EPS range indicates potential challenges in profitability. This mixed guidance may lead to a neutral short-term impact on the stock price as investors weigh the revenue increase against the EPS reduction.
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IMPORTANCE 80
RELEVANCE 100