SecureWorks Corp Stock News

SecureWorks (SCWX) delivered earnings and revenue surprises of 137.50% and 0.89%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

SecureWorks Corp. (SCWX) CEO Wendy Thomas on Q4 2022 Results - Earnings Call Transcript

ATLANTA, March 1, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its fourth quarter and full year fiscal 2022 financial results Thursday, March 17, 2022, bef

During the last session, SecureWorks Corp. (NASDAQ:SCWX)s traded shares were 0.62 million, with the beta value of the company hitting 1.01. At the end of the trading day, the stocks price was $17.41, reflecting an intraday gain of 11.75% or $1.83. The 52-week high for the SCWX share is $26.89, that puts it down -54.45 SCWXs 9.63% Gain This Week Has Revealed Something We Didnt Know Before Read More »

SecureWorks Corp. (NASDAQ:SCWX) has received a consensus recommendation of Hold from the seven research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average twelve-month price objective among brokers that have issued a report []

Cloudflare announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. Eligible Cloudflare customers can qualify for discounts or other added benefits from insurance providers like At-Bay, Coalition, and Cowbell Cyber for using Cloudflare to protect any of their websites, applications, employees, and corporate networks. Cloudflare also announced new relationships with prominent incident response providers CrowdStrike, Mandiant, and Secureworks, enabling them to rapidly refer companies under attack. As cyberattacks More The post Cloudflare collaborates with leading cyber insurers to help businesses reduce their cyber risk appeared first on Help Net Security .

This integration delivers greater protection for MSP and enterprise customers LEXINGTON, Mass. , Dec. 7, 2021 /PRNewswire/ -- Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced the availability of Mimecast® for Secureworks® Taegis XDR. Mimecast''s extensible architecture is now integrated into Taegis XDR, which combines threat intelligence across cloud, network, and endpoints to detect threats. The integration is engineered to provide actionable insights and a single console for investigating and rapidly responding in an automated fashion. "Business email compromise is a leading avenue for threat actors attempting to breach an organization," said Steve Fulton , senior vice president of product management at Secureworks. "Our integration with Mimecast provides insights into whether email has been compromised or presents a potential risk. Together with Taegis XDR''s telemetry gathered from cloud, networks, and endpoints, and its advanced analytics, we can quickly prioritize the right alerts for rapid response.

TheStreet cut shares of SecureWorks (NASDAQ:SCWX) from a c rating to a d+ rating in a research report sent to investors on Thursday, TheStreetRatingsTable reports. A number of other brokerages have also recently weighed in on SCWX. Needham & Company LLC reissued a hold rating on shares of SecureWorks in a research note on Tuesday, []

SecureWorks (NASDAQ:SCWX) had its price objective reduced by Royal Bank of Canada from $20.00 to $19.00 in a research note released on Friday morning, Price Targets.com reports. Royal Bank of Canada currently has a sector perform rating on the technology companys stock. Other equities research analysts have also issued reports about the stock. Zacks Investment []

SecureWorks (NASDAQ:SCWX) updated its fourth quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of ($0.09)-($0.07) for the period, compared to the Thomson Reuters consensus estimate of ($0.08). The company issued revenue guidance of $128-130 million, compared to the consensus revenue estimate of $130.43 million.SecureWorks also updated its FY 2022 guidance []

SecureWorks (NASDAQ:SCWX) was downgraded by stock analysts at TheStreet from a c rating to a d+ rating in a research report issued on Thursday, TheStreetRatingsTable reports. Several other equities research analysts also recently issued reports on SCWX. Barclays lifted their price target on shares of SecureWorks from $16.00 to $19.00 and gave the stock an []

SecureWorks (NASDAQ:SCWX) updated its fourth quarter 2022 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $-0.090-$-0.070 for the period, compared to the Thomson Reuters consensus estimate of $-0.090. The company issued revenue guidance of $128 million-$130 million, compared to the consensus revenue estimate of $130.62 million.SecureWorks also updated its FY []

SecureWorks (NASDAQ:SCWX) updated its fourth quarter 2022 earnings guidance on Thursday. The company provided EPS guidance of $-0.090-$-0.070 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.090. The company issued revenue guidance of $128 million-$130 million, compared to the consensus revenue estimate of $130.62 million.SecureWorks also updated its FY 2022 guidance []

SecureWorks (NASDAQ:SCWX) issued its earnings results on Thursday. The technology company reported $0.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.07, Briefing.com reports. SecureWorks had a negative net margin of 5.64% and a negative return on equity of 1.29%. The business had revenue of $133.70 million […]

Shares of SecureWorks Corp. (NASDAQ:SCWX) have been assigned an average recommendation of Hold from the seven analysts that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average 1-year price target among analysts that have covered []