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ZixCorp Releases 2Q 2014 Results [Health & Beauty Close - Up]
[July 30, 2014]

ZixCorp Releases 2Q 2014 Results [Health & Beauty Close - Up]


(Health & Beauty Close - Up Via Acquire Media NewsEdge) Zix Corp. has reported financial results for the second quarter ended June 30.

"In the second quarter, we set a number of new records driven by our investments in new products, sales and marketing. Our total number of ZixOne licensed users doubled in the quarter and the total ZixDLP users quadrupled. Our enterprise sales group, where we made some personnel changes last quarter, posted its best results in over three years, reflecting health in our base business and improved execution," said Rick Spurr, ZixCorp's Chairman and Chief Executive Officer.



Business Highlights -ZixCorp unveiled Zix Encryption Network, a community that enables the automatic exchange of encrypted email for all messages between members. Regardless of content, all emails between more than 10,000 businesses are automatically encrypted and decrypted between members, providing confidence that outbound email is protected.

-Google and ZixCorp announced the launch of Google Apps Message Encryption (GAME). Specifically designed for the Google Apps infrastructure, GAME provides secure email to Google Apps users when communicating outside Google's secure cloud to all other email users.


-ZixCorp expanded ZixGateway Hosted Service for small- to medium- size businesses (SMBs), enabling IT professionals in SMBs to leverage email encryption without dedicating resources to manage the solution.

-ZixCorp launched ZixDLP Insight giving customers enhanced visibility into the content of outbound email. Ideal for compliance, security and IT managers, ZixDLPTM Insight detects email policy violations and captures email content without impeding communication or hindering business workflow.

For the third quarter 2014, the Company forecasts revenue to be between $12.8 million and $13.1 million and Non-GAAP fully diluted adjusted earnings per share to be between $0.03 and $0.04. Based on year-to-date revenue and estimates for the remainder of the year, the company revises its full-year revenue guidance to be between $51 million and $52 million and fully diluted Non-GAAP adjusted earnings per share to be between $0.15 and $0.16.

More information and complete details: zixcorp.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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