Ebix (EBIX) Tops Q1 EPS by 9c
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Ebix Q1 Revenues Rose 11% to a Record $71.1M and Diluted EPS Rose 30% to $0.67
May 9, 2016 7:28 AM EDTJOHNS CREEK, GA -- (Marketwired) -- 05/09/16 -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today reported results for its first quarter ended March 31, 2016. Ebix will host a conference call to review its results today at 11:00 a.m. EDT (details below).
Revenues: Total Q1 2016 revenue rose 11% to $71.1 million compared to Q1 2015 revenue of $63.8 million and rose 1% over Q4 2015 revenue of $70.2 million. The revenue improvements reflected growth in the Company's Exchange channel, including revenues from its contract... More
