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Zix: 3Q Earnings Snapshot

·1 min read

DALLAS (AP) _ Zix Corp. (ZIXI) on Monday reported a loss of $725,000 in its third quarter.

The Dallas-based company said it had a loss of 5 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, were 17 cents per share.

The e-mail encryption company posted revenue of $54.8 million in the period.

For the current quarter ending in December, Zix expects its per-share earnings to range from 16 cents to 17 cents.

The company said it expects revenue in the range of $56.4 million to $57.4 million for the fiscal fourth quarter.

Zix expects full-year earnings in the range of 60 cents to 61 cents per share, with revenue ranging from $217 million to $218 million.

Zix shares have risen 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.06, a rise of 5.5% in the last 12 months.

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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