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Zix Corporation Message Board

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  • metal416 metal416 Jan 4, 2008 8:08 PM Flag

    ZIX Stockholder's Equity = (-$3.5M) - it's BELOW ZERO

    The Company's Email Encryption business had its highest quarterly revenue in company history with $4.6 million, a 29 percent improvement over the corresponding period in 2006, while the e-Prescribing quarterly revenue of $1.6 million represented a 39 percent increase over the same period of 2006. Email Encryption's increase was due to the revenue growth inherent in a successful subscription model with steady additions to the subscriber base coupled with a high rate of renewing existing customers, which for this quarter was 101 percent renewal rate based on revenue.

3.83+0.11(+2.96%)4:00 PMEDT