Trade SecureWorks Corp - SCWX CFD

Secureworks Company profile

About Secureworks Corp

Secureworks Corp. is a cybersecurity provider of technology-driven security solutions. The Company is focused on protecting its customers by outpacing and outmaneuvering adversaries. It creates integrated and comprehensive solutions by proactively managing the collection of point products deployed by the Company’s customers to address specific security issues and provide solutions to close the gaps in their defenses. The Company offers its various solutions, including customers software-as-a-service (SaaS) solutions, managed security services and professional services, including incident response services and security risk consulting. The Company’s platforms include Taegis Offerings and Counter Threat Service Offerings. Its professional services include Incident Response, and Security and Risk Consulting.

Financial summary

BRIEF: For the fiscal year ended 28 January 2022, Secureworks Corp revenues decreased 5% to $535.2M. Net loss increased 82% to $39.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.27 to -$0.48.