Ebix (EBIX) Comments On Sell-Off
Tweet
Share
E-mail
Get Alerts EBIX Hot Sheet
Join SI Premium – FREE
Ebix Inc. (Nasdaq: EBIX) has commented to StreetInsider.com in response to a negative article about the company from SeekingAlpha, which has triggered a 25 percent sell-off in the stock. Here is what the company said.
1. The Company's financial health is in better shape than ever, as reflected in our operating cash flows of $52.8 million in 2010
2. The Company expects to continue to be consistent in its growth trajectory in 2011
3. The Company's sales bookings continue to be strong.
4. The Company is not aware of anything negative within the Company that should result in a sudden price drop.
1. The Company's financial health is in better shape than ever, as reflected in our operating cash flows of $52.8 million in 2010
2. The Company expects to continue to be consistent in its growth trajectory in 2011
3. The Company's sales bookings continue to be strong.
4. The Company is not aware of anything negative within the Company that should result in a sudden price drop.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Musk: will make the entire codebase of X open source
- Lucid Group resumes trading, down only 23%
- Lucid: Alixpartners Assisting In Improving Execution - Bloomberg
Create E-mail Alert Related Categories
Corporate News, Insiders' Blog, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
