Zix Reports Fourth Quarter and Full Year 2019 Financial Results
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ZixCorp (ZIXI) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 & FY20 EPS Mid-Point Guidance Above Consensus, Q1 & FY20 Revenue Views Above Consensus
February 20, 2020 4:24 PM ESTZixCorp (NASDAQ: ZIXI) reported Q4 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $50.4 million versus the consensus estimate of $49.55 million.
Fourth Quarter 2019 Financial Highlights (results compared to the same year-ago quarter)
Revenue increased 173% to $50.4 million. Total overall organic revenue growth across Zix and AppRiver was 15%.Annual recurring revenue (ARR) increased 177% to $209.7 million. Total overall organic ARR growth across Zix and AppRiver was 16%.GAAP net loss attributable to common stockholders totaled ($5.2) million compared to net income of $9.2 million. The companys net loss... More