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ZIXI - Zix News Story

$7.38 -0.2  -2.5%

Last Trade - 2:45pm

Sector
Technology
Size
Small Cap
Market Cap £313.5m
Enterprise Value £452.2m
Revenue £158.5m
Position in Universe 3681st / 6851

BRIEF-Zix Reports Third Quarter 2019 Financial Results

Thu 31st October, 2019 11:25am
Oct 31 (Reuters) - Zix Corp  ZIXI.O :
    * ZIX REPORTS THIRD QUARTER 2019 FINANCIAL RESULTS
    * Q3 GAAP LOSS PER SHARE $0.07
    * SEES Q4 2019 REVENUE $49 MILLION TO $50 MILLION
    * Q3 REVENUE $47.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$47.3
MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $0.13 -- REFINITIV IBES
DATA
    * SEES Q4 2019 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.14
    * SEES Q4 2019 GAAP LOSS PER SHARE $0.02 TO $0.03
    * Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $13.00
    * FOR FULL FISCAL YEAR OF 2019, CO IS INCREASING ITS
PREVIOUSLY
DISCLOSED REVENUE GUIDANCE TO A RANGE OF BETWEEN $172.0 MILLION
TO $173.0 MILLION
    * COMPANY ALSO UPDATES ITS 2019 FULLY DILUTED GAAP EARNINGS
GUIDANCE TO A RANGE OF BETWEEN LOSS PER SHARE OF $0.25 AND $0.23
    * FULLY DILUTED NON-GAAP ADJUSTED EARNINGS PER SHARE
GUIDANCE TO
BE $0.44 TO $0.45 FOR FISCAL YEAR 2019

Source text for Eikon:  ID:nBwbGY75Va 
Further company coverage:  ZIXI.O 

 ((Briefs@thomsonreuters.com;))
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