Secureworks Announces Second Quarter Fiscal 2025 Results
SecureWorks Corp. - Class A (SCWX)
Last secureworks corp. - class a earnings: 3/27 07:00 am
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US:NASDAQ Investor Relations:
investors.secureworks.com/node/5806
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Source: PR Newswire
ATLANTA, Sept. 5, 2024 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its second quarter fiscal 2025, which ended on August 2, 2024.Key HighlightsTaegis™ second quarter revenue grew 7% year-over-year to $71.2 million.Total annual recurring revenue (ARR) grew to $290 million, an increase of 5% on a year-over-year basis.Taegis GAAP gross margin and non-GAAP gross margin continued to expand year-over-year in the second quarter, reaching 71.8% and 74.3%, respectively."In a world where we rely on technology, comprehensive cyber resilience is more top of mind than ever, and our open, AI-powered platform has proven itself to be the shield that keeps companies safely up and running. This quarter we continued to innovate and invest in the extensibility of Taegis, with the launch of Taegis Identity Threat Detection and Response enabling organizations to proactively combat identity threats," said Wendy Thomas, CEO, Secureworks.
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News
- SecureWorks Corp. (NASDAQ: SCWX) had its price target raised by analysts at Barclays PLC from $6.00 to $7.00. They now have an "underweight" rating on the stock.MarketBeat
- SecureWorks Corp. (NASDAQ: SCWX) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- SecureWorks Corp. (SCWX) Q2 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Secureworks Announces Second Quarter Fiscal 2025 ResultsPR Newswire
- Secureworks Announces Second Quarter Fiscal 2025 ResultsPR Newswire
SCWX
Earnings
- 9/5/24 - Beat
SCWX
Sec Filings
- 9/6/24 - Form 10-Q
- 9/5/24 - Form 8-K
- 7/30/24 - Form 4
- SCWX's page on the SEC website