Ebix (EBIX) Misses Q3 EPS by 3c

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Ebix Reports Record Quarterly Results with Operating Cash Flow of $34.3 Million, Constant Currency Revenues of $131.5M, GAAP Revenues of $128.6M, Operating Income of $39.2M and Diluted EPS of $0.92

November 8, 2018 7:29 AM EST

JOHNS CREEK, Ga., Nov. 08, 2018 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-learning and healthcare industries, today reported results for its third quarter ended September 30, 2018. Ebix will host a conference call to review its results today at 11:00 a.m. EDT (details below).

Ebix delivered the following results for the third quarter of 2018:

Revenues: On a constant currency basis, Ebix Q3 2018 revenue increased 42% to $131.5 million compared to $92.8 million in Q3 2017 and year... More