U.S. Markets open in 22 mins

Zix: 2Q Earnings Snapshot

DALLAS (AP) _ Zix Corp. (ZIXI) on Thursday reported a second-quarter loss of $3.7 million, after reporting a profit in the same period a year earlier.

The Dallas-based company said it had a loss of 13 cents per share. Earnings, adjusted for one-time gains and costs, came to 5 cents per share.

The e-mail encryption company posted revenue of $45.9 million in the period.

For the current quarter ending in October, Zix expects its per-share earnings to range from 9 cents to 10 cents.

The company said it expects revenue in the range of $47 million to $47.5 million for the fiscal third quarter.

Zix expects full-year earnings in the range of 25 cents to 28 cents per share, with revenue ranging from $170 million to $172 million.

Zix shares have risen 63% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.33, a rise of 74% 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