DALLAS (AP) _ Zix Corp. (ZIXI) on Thursday reported a fourth-quarter loss of $3.1 million, after reporting a profit in the same period a year earlier.

The Dallas-based company said it had a loss of 10 cents per share. Earnings, adjusted for one-time gains and costs, were 9 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The e-mail encryption company posted revenue of $50.4 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $49.6 million.

For the year, the company reported a loss of $14.6 million, or 46 cents per share, swinging to a loss in the period. Revenue was reported as $173.4 million.

For the current quarter ending in April, Zix expects its per-share earnings to be 8 cents.

The company said it expects revenue in the range of $52.2 million to $52.7 million for the fiscal first quarter.

Zix expects full-year earnings to be 41 cents per share, with revenue ranging from $220 million to $225 million.

Zix shares have risen 18% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.99, a decline of 5% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZIXI at https://www.zacks.com/ap/ZIXI

Automated Insights, source Associated Press News