Recap: SecureWorks Q1 Earnings - SecureWorks (NASDAQ:SCWX)

SecureWorks SCWX reported its Q1 earnings results on Thursday, June 2, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

SecureWorks beat estimated earnings by 40.0%, reporting an EPS of $-0.09 versus an estimate of $-0.15.

Revenue was down $18.45 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 6.01% drop in the share price the next day.

Here's a look at SecureWorks's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.08	-0.06	-0.01	-0.03
EPS Actual	0.03	0.01	0.01	0.05
Revenue Estimate	128.88M	132.92M	134.97M	135.09M
Revenue Actual	127.88M	133.70M	134.17M	139.46M

To track all earnings releases for SecureWorks visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.