Zix Corp. Reports Second Quarter Loss

DALLAS – Zix Corp., provider of e-mail encryption services for dozens of credit unions and banks, said second quarter losses narrowed to $1.4 million, or two cents a share, from a loss of $3.1 million for the second quarter last year.

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Second quarter revenues rose 25% to $7 million.

E-mail encryption revenue for second quarter 2008 was $5.7 million, up 38% compared to second quarter 2007

For the first six months of the year, Zix reported a 29% rise in revenues to $14.2 million, and a net loss of $3.1 million, down from a $4.7 million loss for the first six months last year.


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