Zix Reports First Quarter 2020 Financial Results
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ZixCorp (ZIXI) Reports In-Line Q1 EPS; Offers 2Q & FY20 EPS/Revenue Outlook
May 6, 2020 4:33 PM EDTZixCorp (NASDAQ: ZIXI) reported Q1 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $52.4 million versus the consensus estimate of $52.03 million.
First Quarter 2020 Financial Highlights (results compared to the same year-ago quarter)
Revenue increased 79% to $52.4 million. Total overall organic revenue growth across Zix and AppRiver was 15%.Annual recurring revenue (ARR) increased 15% organically to $214.3 million.GAAP net loss attributable to common stockholders totaled ($3.1) million compared to net loss attributable to common stockholders of ($8.7) million. The companys net loss attributable to common shareholders... More