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Zix Corporation (ZIXI) announced the integration of its cloud-based data backup and recovery solution into its Secure Cloud platform, enhancing the visibility of communication security for platforms like Microsoft Office 365 and Salesforce. The acquisition of CloudAlly enables Zix to provide a comprehensive suite of backup solutions that address security gaps faced by many organizations. This move positions Zix as a unique player, offering both cybersecurity services and backup solutions through a single portal, aiming to improve data protection and business continuity for its partners.
Zix Corporation (NASDAQ: ZIXI) has launched the Secure Large File add-on for Zix Email Encryption, allowing users to send files up to 100 GB securely without storage quotas or new credentials. This solution addresses the complexities of current file-sharing systems, enhancing productivity and compliance by simplifying large file transmissions. Administrators benefit from oversight capabilities, enabling easy access management. The offering aims to mitigate data leakage risks by discouraging unauthorized file-sharing services.
Zix Corporation (ZIXI), a leader in cloud email security, productivity, and compliance solutions, is set to participate in several virtual financial conferences in September 2021. Key events include the 10th Annual Gateway Conference on September 8, the Colliers 2021 Institutional Investor Conference on September 9, and the Jefferies Virtual Software Conference on September 15, featuring one-on-one meetings and webcasts. Zix serves notable institutions in healthcare, finance, and government, focusing on email encryption, advanced threat protection, and compliance needs. For more details, visit www.zixcorp.com.
Zix Corporation (Zix), a leader in cloud email security, announced the release of its 2021 Mid-Year Global Threat Report. The report highlights a significant rise in cybercrime, particularly customized phishing attacks and Business Email Compromise (BEC) tactics. Key findings include a 2.9 billion increase in quarantined email threats and the continued evolution of attack methods. Zix emphasizes the importance of proactive threat detection to protect businesses from increasingly sophisticated cybercriminals.
Zix Corporation (NASDAQ: ZIXI) reported second-quarter 2021 results with an 18% revenue increase to $62.8 million and a 17% rise in Annual Recurring Revenue (ARR) to $252.4 million. Cloud ARR surged by 24%, representing 89% of total ARR. Despite revenue growth, the company posted a GAAP net loss of $2.9 million, worsening from a $1.9 million loss a year earlier. Non-GAAP adjusted net income was $7.9 million, showing a slight decline year-over-year. Cash flow from operations increased significantly to $14.7 million, a 212% rise. The company is optimistic about future growth driven by cloud adoption and expansion into new markets.
Zix Corporation (ZIXI), a leader in email security and compliance solutions, will hold a conference call and webcast on August 5, 2021, at 8:30 a.m. ET to discuss its Q2 2021 financial results. The results will be available on its investor relations website prior to the call. CEO Dave Wagner and CFO Dave Rockvam will present the highlights. Interested participants can join by dialing designated numbers or accessing the webcast online. A replay of the call will be available for seven days, ensuring accessibility for stakeholders.
Zix Corporation (NASDAQ: ZIXI) will conduct its 2021 annual shareholders meeting on June 9, 2021, at 10 a.m. CT. This virtual meeting will feature remarks from CEO David Wagner focused on the company’s outlook and recent achievements. Shareholders can access the meeting via this link. For voting information and to view the 2021 Proxy Statement, stakeholders can visit the Shareholder Services section of the Zix investor relations website.
Zix Corporation (ZIXI) has announced the expansion of its global partner program in Germany and the UK, offering localized product offerings and enhancing partner support. New features include Advanced Threat Protection and Secure File Share. This expansion reflects Zix's growth in cloud adoption and aims to meet partners' needs for security and compliance. The initiative also introduces new revenue streams for partners, enhancing customer relationships and profitability. Zix continues to invest in its partner program based on feedback from over 5,000 partners, underscoring its commitment to security and compliance solutions.
Zix Corporation (Zix) (NASDAQ: ZIXI), a leader in cloud email security, is set to participate in several virtual financial conferences. Notable events include the 6th Annual Oppenheimer Emerging Growth Conference on May 12, 2021, and the 16th Annual Needham Virtual Technology & Media Conference on May 19, 2021, at 11 a.m. Eastern. Additionally, Zix will attend the 18th Annual Craig-Hallum Institutional Investor Conference on June 2, 2021, followed by the 2021 East Coast IDEAS Investor Conference on June 17, 2021. For inquiries or to arrange a one-on-one meeting, contact Zix’s IR team.
Zix Corporation (NASDAQ: ZIXI) reported a 14% revenue increase to $60 million for Q1 2021. Annual recurring revenue (ARR) rose 14% to $243.6 million, with cloud ARR surging 20% to $214.3 million. However, the net loss grew to $2.5 million, up from a loss of $0.9 million a year ago. Adjusted EBITDA increased 18% to $13.1 million, and cash flow from operations saw a 142% rise to $10.7 million. The company’s acquisition of CloudAlly is proving successful, with significant growth in mailboxes and ongoing trials for various services.
