ZIX (ZIXI) to Release Earnings on Monday

ZIX (NASDAQ:ZIXI) will release its earnings data after the market closes on Monday, April 23rd. Analysts expect ZIX to post earnings of $0.08 per share for the quarter. ZIX has set its Q1 guidance at $0.08 EPS and its FY18 guidance at $0.32 EPS.

ZIX (NASDAQ:ZIXI) last posted its quarterly earnings data on Thursday, February 22nd. The software maker reported $0.08 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.08. The company had revenue of $16.80 million during the quarter, compared to analysts’ expectations of $16.72 million. ZIX had a negative net margin of 12.27% and a positive return on equity of 11.64%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 earnings per share. On average, analysts expect ZIX to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

How to Become a New Pot Stock Millionaire

NASDAQ:ZIXI opened at $4.62 on Monday. The firm has a market cap of $251.75, a price-to-earnings ratio of 57.75, a P/E/G ratio of 1.62 and a beta of 1.05. ZIX has a fifty-two week low of $3.82 and a fifty-two week high of $6.67.

A number of equities analysts have weighed in on the stock. TheStreet cut shares of ZIX from a “b” rating to a “c+” rating in a research report on Tuesday, February 13th. Zacks Investment Research cut shares of ZIX from a “hold” rating to a “sell” rating in a research report on Saturday, February 24th. Finally, Imperial Capital restated an “in-line” rating and set a $4.50 price objective (down from $5.50) on shares of ZIX in a research report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $5.17.

ILLEGAL ACTIVITY NOTICE: This piece was published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The correct version of this piece can be accessed at https://www.chaffeybreeze.com/2018/04/16/zix-zixi-to-release-earnings-on-monday.html.

ZIX Company Profile

Zix Corporation provides email encryption, threat protection, archiving, bring-your-own-device security, and data loss prevention solutions for the healthcare, financial services, insurance, and government sectors primarily in the United States. The company offers Zix Email Encryption that allows an enterprise to use policy-driven rules to determine email messages that should be sent securely to comply with regulations or company-defined policies.

Earnings History for ZIX (NASDAQ:ZIXI)

Receive News & Ratings for ZIX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZIX and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply