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Zix Corporation Reports Another Record-High Revenue Quarter as Company Announces Second Quarter 2009 Financial Results
Date:7/28/2009

) (D) Net Loss ------- -------- ----- ------ ------ --------- Revenues $ 7,371,000 $ - $7,371,000 Cost of revenues 2,368,000 (59,000) (42,000) 2,267,000 --------- ------ ------ ------ ------ --------- Gross profit 5,003,000 59,000 42,000 - - 5,104,000 Operating expenses: Research and development 1,747,000 (49,000) (8,000) 1,690,000 Selling, general and administrative 5,228,000 (425,000)(434,000)(75,000) 4,294,000 --------- ------- ------- ------ ------- --------- Total operating expenses 6,975,000 (474,000)(442,000)(75,000) - 5,984,000 --------- ------- ------- ------ ------- --------- Operating income/ (loss) (1,972,000) 533,000 484,000 75,000 - (880,000) Other income, net 73,000 73,000 Income/ (loss) before income taxes (1,899,000) 533,000 484,000 75,000 - (807,000) Provision for income taxes 26,000 2,000 28,000 ------ ------- ------- ------ ----- --------- Net income/ (loss) $(1,925,000) $533,000 $484,000 $75,000 $(2,000) $(835,000) ============ ======== ======== ======= ======== ========== Basic and diluted loss per common share $(0.03) $(0.01) Basic and diluted weighted average shares outstanding 63,319,482 63,319,482 ========== ========
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