DALLAS (AP) _ Zix Corp. (ZIXI) on Wednesday reported a loss of $2.5 million in its first quarter.

On a per-share basis, the Dallas-based company said it had a loss of 9 cents. Earnings, adjusted for amortization costs and stock option expense, were 10 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.

The e-mail encryption company posted revenue of $60 million in the period.

For the current quarter ending in July, Zix expects its per-share earnings to be 10 cents.

The company said it expects revenue in the range of $61.2 million to $61.6 million for the fiscal second quarter.

Zix expects full-year earnings in the range of 41 cents to 42 cents per share, with revenue ranging from $248 million to $250.5 million.

Zix shares have fallen 15% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.33, a rise of 36% 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

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