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SecureWorks Corp - SCWX STOCK NEWS

Welcome to our dedicated news page for SecureWorks (Ticker: SCWX), a resource for investors and traders seeking the latest updates and insights on SecureWorks.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SecureWorks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SecureWorks's position in the market.

Rhea-AI Summary
Secureworks announces integration of vulnerability risk context with threat detection to prevent attackers from exploiting known vulnerabilities and expedite response times, improving security posture. The integration between Taegis XDR and Taegis VDR creates a unified experience for IT and SecOps teams, closing security blind spots. The new solution aims to reduce risk for organizations by providing insights into attackers' methods and enhancing response capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
Tags
none
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Rhea-AI Summary
Secureworks (SCWX) appoints William H. Cary to its Board of Directors and as Chair of the Audit Committee. Cary, a former GE executive, brings financial and operational expertise to enhance the company's growth strategy and shareholder value. His experience in cybersecurity and risk management will benefit Secureworks in combating cybercrime.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
management
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Rhea-AI Summary
Secureworks (NASDAQ: SCWX) reports strong financial results for Q4 and FY 2024 with significant revenue growth and margin expansion. The company exceeded adjusted EBITDA guidance, showcasing a positive outlook for FY 2025. Key highlights include Taegis ARR growth, revenue increase, and expanding gross margins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.82%
Tags
Rhea-AI Summary
Secureworks (SCWX) receives Frost & Sullivan's 2024 Global Competitive Strategy Leadership Award in XDR market. Revenue grows by 25% in FY24. The company is praised for its innovation, customer-first approach, and market-leading XDR platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
none
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Rhea-AI Summary
Happiest Minds Technologies Limited (NSE: HAPPSTMNDS) has announced its partnership with Secureworks (NASDAQ: SCWX) to enhance cybersecurity solutions, providing a growth opportunity for both companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
partnership
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Rhea-AI Summary
Secureworks (SCWX) will release its Q4 and full year fiscal 2024 financial results on March 14, 2024, followed by a conference call at 8:00 a.m. ET. The live webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
conferences earnings
Rhea-AI Summary
Secureworks (SCWX) has launched an AI-powered Threat Score to help security analysts prioritize and respond to alerts more effectively. This innovation aims to reduce analyst workload by over 50% and silence alert noise, addressing the increasing pressure on analysts to make critical decisions amidst falling ransomware dwell times.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
AI
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Rhea-AI Summary
Secureworks (SCWX) and SentinelOne (S) joint go-to-market program aims to enhance cyber resilience by simplifying risk management and reducing time to value through their fully integrated cybersecurity solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.63%
Tags
none
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Rhea-AI Summary
Secureworks (NASDAQ: SCWX) reported strong financial results for Q3 of fiscal 2024. Taegis annual recurring revenue (ARR) grew to $279 million, with a 25% year-over-year increase. Third quarter revenue for Taegis grew 41% year-over-year to $67.3 million. The company also achieved significant margin expansion, with GAAP gross margin reaching 70.4% and non-GAAP gross margin at 72.7%. Secureworks is on track to achieve breakeven adjusted EBITDA in the fourth quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.22%
Tags
Rhea-AI Summary
Secureworks (NASDAQ: SCWX) to Release Q3 Fiscal 2024 Financial Results on December 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
conferences earnings
SecureWorks Corp

Nasdaq:SCWX

SCWX Rankings

SCWX Stock Data

512.61M
13.11M
32.92%
58.96%
0.06%
Data Processing, Hosting, and Related Services
Information
Link
United States
Atlanta

About SCWX

secureworks® (nasdaq: scwx), a global cybersecurity leader, enables customers and partners to outpace and outmaneuver adversaries with more precision, so they can rapidly adapt and respond to market forces to meet their business needs. with a unique combination of cloud-native, saas security platform and intelligence-driven security solutions, informed by 20+ years of threat intelligence and research, no other security platform is grounded and informed with this much real-world experience.