Zix: 2Q Earnings Snapshot

July 31, 2018 GMT

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZIXI at https://www.zacks.com/ap/ZIXI