Zix Reports Fourth Quarter and Full Year 2018 Financial Results
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ZixCorp (ZIXI) Tops Q4 EPS by 13c, Revenues Beat; Q1 & FY19 EPS Guidance Below Consensus, Q1 & FY19 Revenue Guidance Above Consensus
February 28, 2019 4:34 PM ESTZixCorp (NASDAQ: ZIXI) reported Q4 EPS of $0.22, $0.13 better than the analyst estimate of $0.09. Revenue for the quarter came in at $18.4 million versus the consensus estimate of $18.19 million.
Revenue increased 10% to a record $18.4 million.Annual recurring revenue (ARR) increased 13% to a record $75.8 million.New First Year Orders (NFYO) increased 23% to $3.1 million.Total orders increased 21% to $17.6 million.GAAP net income increased from ($12.9) million to $9.2 million.*GAAP fully diluted earnings per share increased from ($0.24) to $0.17.*Non-GAAP fully diluted earnings per share increased from ($0.20) to $0.22.Non-GAAP fully diluted earnings per... More