SecureWorks Corp. (NASDAQ:SCWX) Q4 2020 Earnings Conference Call - Final Transcript
Mar 27, 2020 • 08:00 am ET
an untapped $30 million credit facility, which was recently extended for an additional year on similar terms. In addition, contract provisions allow for the expansion of this credit facility up to an aggregate amount of $60 million by mutual agreement of lender and borrower. Capex was $0.5 million in the fourth quarter.
Now, for FY '21. We have been closely following the early indications of the effect on our business from the COVID-19 crisis. While we are still seeing demand for our products and solutions, our customers and prospects are being impacted in their businesses. With so much macro uncertainty, we currently don't feel it's prudent to provide full-year quantitative guidance for FY '21. Although we are not providing guidance on full-year FY '21, in the first quarter of FY '21, we expect both GAAP and non-GAAP revenue to be in the range of $133.5 million to $137.5 million, impacted by Dell SafeGuard revenue transitioning to Carbon Black and the COVID-19 crisis, especially on our consulting business. And we expect our non-GAAP net loss per share to be between $0.02 to $0.06. We remain focused on continuing to execute on our strategic plan and may give quantitative full-year guidance in future periods. Our immediate focus is on our customers and our employees as we respond to their needs in this situation. I know you share our concern in this matter.
As we close out today's call, I want to reiterate that we're in an unprecedented time in history with COVID-19. Because of that, we're all remote on today's call and will not be taking live Q&A. Thanks again to my SecureWorks teammates for their dedication to our customers. On behalf of the entire SecureWorks team, we appreciate your continued interest and support. That wraps up today's call. A replay of this webcast will be available on our Investor Relations page at secureworks.com along with our Q4 FY '20 web deck with additional financial tables. Thanks for joining us today.