Zix (
Zix (ZIXI) got here out with quarterly earnings of $0.09 per share, lacking the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.09 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of -30.77%. 1 / 4 in the past, it was anticipated that this e-mail encryption firm would submit earnings of $0.13 per share when it truly produced earnings of $0.13, delivering no shock.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Zix, which belongs to the Zacks Safety trade, posted revenues of $50.38 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $18.45 million. The corporate has topped consensus income estimates 4 instances during the last 4 quarters.
The sustainability of the inventory’s fast value motion…