Ebix (EBIX) Tops Q1 EPS by 12c

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Ebix Reports Record Results with Q1 2019 GAAP Operating Cash Flow of $38.5 Million on 51% Growth and GAAP Revenues of $142.9M on 32% Growth

May 9, 2019 7:30 AM EDT

Non-GAAP Q1 2019 EPS Rose 25% to $1.04

JOHNS CREEK, Ga., May 09, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today reported results for its first quarter ended March 31, 2019. 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 first quarter of 2019:

Revenue: Q1 2019 revenue rose 32% to $142.9 million... More