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Strategies & Market Trends : ZixIt Corporation (ZIXI)

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From: Dale Baker1/7/2010 12:46:51 PM
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Eureka! Profits expected! Only took $300 million in losses in ten years to get there!!!!

"ZixCorp announced that it expects 2010 to be the first year of profitability, on both a GAAP and an adjusted non-GAAP basis, in the Company's history. The Company projects its full-year 2010 revenues to be between $34 and $36 million, of which e-Prescribing revenues during the wind-down of this business would comprise $2.1 to $2.6 million. For full-year 2010, basic GAAP earnings per share are projected to be between $0.06 and $0.09, and fully-diluted earnings per share are projected to be between $0.05 and $0.08, assuming 67 million shares outstanding on a fully diluted basis. Fully diluted non-GAAP adjusted earnings per share, which are adjusted primarily for non-cash stock-based compensation and non-recurring expense items, are projected to be between $0.08 and $0.11."
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