Zix (ZIXI) delivered moderate Jun 2013 results springing just above its own guidance. The company’s revenue increased 14.5% YoY against its own guidance of $11.5 million - $11.7 million. Zixi EPS declined 30% due to a decline in net income margin of 10 points. After-market Zix stock price remained rather constant (improved by 0.47% - 7:56PM EDT), which wasn’t good enough to sell the story of positive investor sentiments.
The company doesn’t look attractive at its current P/E level of ~30 given its poor margins, weak operating levers and a low market capitalization.
Source: Zix Corp revenue chart by Amigobulls
Other Stock Market Updates
Read our news letter here- Amigobulls Internet daily July 24, 2013