Zix Reports Fourth Quarter and Full Year 2020 Financial Results
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ZixCorp (ZIXI) Reports In-Line Q4 EPS, Revenues Beat; Offers 1Q & FY21 EPS/Revenue Guidance
February 25, 2021 4:24 PM ESTZixCorp (NASDAQ: ZIXI) reported Q4 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $57.9 million versus the consensus estimate of $56.91 million.
Fourth Quarter 2020 Financial Highlights (results compared to the same year-ago quarter)
Revenue increased 15% to $57.9 million.Annual recurring revenue (ARR) increased 14% to $237.7 million. Cloud ARR increased 21% to $206.6 million or 87% of total ARR.GAAP net loss totaled ($2.9) million compared to a year ago net loss of ($3.1) million.GAAP net loss attributable to common stockholders totaled ($5.3) million compared to a year ago net loss... More