Key Developments For Zix Corporation
Zix Corporation (ZIXI.O) (Consolidated Issue listed on NASDAQ Global Market)
Zix Corporation Delivers HIPAA Compliant Email Encryption To Sten-Tel
Zix Corporation announced that Sten-Tel, has signed a three-year contract for the Company's email encryption service. Sten-Tel anticipated the changes to HIPAA and chose to implement the Company's email encryption service for all sensitive email communication.
Zix Corporation Issues Q4 2009 Guidance; EPS Guidance Above Analysts' Estimates
Zix Corporation announced that for fourth quarter of 2009, it expects revenue to be between $7.9 and $8.1 million, adjusted basic earnings per share (EPS) to be between $0.01 and $0.02. According to Reuters Estimates, analysts were expecting the Company to report revenue of $8.06 million and EPS at breakeven for the same period.
SEMCO ENERGY Selects Zix Corporation For Email Encryption
Zix Corporation announced that the Company has signed a three-year email encryption service contract with SEMCO ENERGY. ZixCorp will encrypt email communications to all of SEMCO ENERGY's customers and business affiliates. SEMCO ENERGY's management team determined the most efficient and cost-effective way to protect the communications with their valued customers and business partners was to implement ZixCorp's policy-based email encryption.
Hartford Hospital Selects Zix Corporation For Email Encryption Service
Zix Corporation announced that Hartford Hospital, a Connecticut-based hospital, has signed a three-year contract for the Company's email encryption services. The Company will enforce Hartford Hospital's email encryption policies to ensure the secure handling of confidential information. The service includes a set of pre-configured policy filters that automatically detect and encrypt protected health information (PHI).
Zix Corporation Reaffirms Q3 2009 Guidance
Zix Corporation announced that for the third quarter of 2009, it expect to meet its revenue guidance of $7.5 to $7.8 million and guidance for adjusted earnings per share (which excludes non-cash stock-based compensation, non-recurring items, and uses an effective tax rate of less than 1%) of $0.00 to $0.01 per share (EPS). According to Reuters Estimates, analysts were expecting the Company to report revenue of $7.6 million for the same period.
