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Zix Corp Issues Q4 2013 Guidance Below Analysts' Estimates; Reaffirms FY 2013 Guidance

Tuesday, 22 Oct 2013 04:05pm EDT 

Zix Corp announced that for the fourth quarter 2013, the Company forecasts revenue to be between $11.9 million and $12.3 million and fully diluted adjusted earnings per share to be between $0.05 and $0.06. Based on that fourth quarter guidance, the Company expects to be at or near the lower end of the Company's previous revenue guidance of $48 million to $50 million and expects Non-GAAP adjusted earnings per share of $0.19 for fiscal 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $12.9 million and EPS of $0.07 for the fourth quarter of 2013; revenues of $49 million and EPS of $0.19 for fiscal 2013. 

Company Quote

5 May 2015