Zix: 2Q Earnings Snapshot
Jul. 31, 2018
DALLAS (AP) _ Zix Corp. (ZIXI) on Tuesday reported second-quarter profit of $1.8 million.
The Dallas-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, were 7 cents per share.
The e-mail encryption company posted revenue of $17.5 million in the period.
For the current quarter ending in October, Zix expects its per-share earnings to be 8 cents.
The company said it expects revenue in the range of $17.7 million to $17.8 million for the fiscal third quarter.
Zix expects full-year earnings to be 31 cents per share, with revenue ranging from $69.5 million to $70.5 million.
Zix shares have increased 22 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.34, climbing slightly in the last 12 months.