Revenue fell to $8.43 million from $11.14 million a year ago, lagging the $9.50 million estimate.
The company also said it is facing liquidity challenges due to negative cash flow, and plans to improve cash flow through improvements in the collection process, continuing to seek longer and more profitable customer deals and seeking additional capital, as needed.
Price: 1.9000, Change: -0.0200, Percent Change: -1.04
|Analysts' Increase 2019, 2020 Consensus Estimates fo...|
|Consensus for Zix 2019 Earnings Scaled Down but 2020...|
|Q3 and 2019 Estimates for World Wrestling Entertainm...|
|Cimarex Energy's Consensus Forecasts for Q3, 2019, a...|
|Analysts Reduce Estimates for Whiting Petroleum's 2019|