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I wrote an article on Zix Corporation (ZIXI) back in August called Zix: The Mouse That Roared. At that time I was concerned about the company's oversized appetite, with the acquisition of AppRiver, another cybersecurity company. I was also concerned about the state of Zix's business prior to the acquisition, struggling with revenue growth which was ~7%, and customer retention rate which was 90% and declining. For these reasons, I gave Zix a neutral rating.
Now after four months I find that Zix is in better shape with Y-o-Y organic Annual Revenue