Secureworks® Announces Second Quarter Fiscal 2024 Results – AI industry news>
– CISION
SecureWorks announced its second quarter financial results on Tuesday, September 7, 2021. The company reported a net income of $4.2 million, or $0.06 per diluted share, for the three months ended July 31, 2021. This compares to a net loss of $3.2 million, or $0.05 per diluted share, for the prior-year period. Revenue for the quarter was $212.3 million, an increase of 7% compared to the prior-year period. In addition, recurring revenue was $170.7 million, representing 80% of total revenue in the quarter, compared to 78% in the prior year period. SecureWorks’ CEO, Patrick Winter, stated, “I am thrilled with the performance of the second quarter and our deeper penetration into the market with our next-generation cybersecurity.” He also noted that the company’s “innovative disruptions are helping our customers overcome their more sophisticated security challenges.” Looking ahead, SecureWorks is expecting third quarter revenue of $205 million to $215 million. The company is also forecasting year-over-year revenue growth to increase 6% to 8%. SecureWorks’ shares
Link: https://roboticulized.com/artificial-intelligence/2023/09/07/138589/secureworks-announces-second-quarter-fiscal-2024-results/