Zix: 3Q Earnings Snapshot
DALLAS (AP) _ Zix Corp. (ZIXI) on Tuesday reported third-quarter net income of $2.5 million.
On a per-share basis, the Dallas-based company said it had net income of 5 cents. Earnings, adjusted for non-recurring costs, came to 9 cents per share.
The e-mail encryption company posted revenue of $17.9 million in the period.
For the current quarter ending in December, Zix expects its per-share earnings to be 9 cents.
The company said it expects revenue in the range of $18 million to $18.2 million for the fiscal fourth quarter.
Zix expects full-year earnings to be 33 cents per share, with revenue ranging from $70 million to $70.2 million.
Zix shares have risen 16 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.06, an increase of roughly 1 percent in the last 12 months.