Zix Co. (ZIXI) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.03 for the period.

Shares of Zix Co. (ZIXI) traded up 1.05% during mid-day trading on Tuesday, hitting $2.90. Zix Co. (ZIXI) has a 52 week low of $2.25 and a 52 week high of $3.41. The company has a market cap of $177.6 million and a P/E ratio of 8.04.

Zix last announced its earnings results on Tuesday, October 23rd. The company reported $0.04 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.04. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. Analysts expect that Zix Co. (ZIXI) will post $0.17 EPS for the current fiscal year.

Zix Corporation’s (ZixCorp) is engaged in the operation of an Email Encryption Service. ZixCorp’s Email Encryption Service enables the use of secure e-mail for sensitive information exchange in the healthcare, financial services, insurance and government sectors.

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