ZixCorp (ZIXI) Reports In-Line Q2 EPS; Reaffirms FY15 Guidance
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Imperial Capital Raises Price Target on ZixCorp (ZIXI) Following 2Q15 Results
July 23, 2015 8:36 AM EDTImperial Capital maintained an Outperform rating on Zix Corp. (NASDAQ: ZIXI), and raised the price target to $6.00 (from $5.50), following 2Q15 results. ZIXI reported 2Q15 revenue of $13.3mn, compared with Street estimates of $13.4mn. Adjusted EPS $0.04 was in-line with consensus.
Analyst Michael Kim commented, "We are maintaining our... More
Zix Corporation (ZIXI) CEO Plans to Step Down After 11 Years
July 21, 2015 4:33 PM EDTAccording to Business Wire, Long-serving ZixCorp (NASDAQ: ZIXI) President and Chief Executive Officer (CEO) Rick Spurr has decided to step down from those roles after 11 years of successful leadership to pursue personal and charitable interests outside of the company. Mr. Spurr has... More
