Ebix (EBIX) Misses Q3 EPS by 5c

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Ebix Q3 Revenues Rose 14% to a Record $147.2M with Operating Cash in Q3 of $40.8 Million

November 12, 2019 7:31 AM EST

JOHNS CREEK, Ga., Nov. 12, 2019 (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, 2019. Ebix will host a conference call to review its results today at 11:00 a.m. EST (details below).

Ebix delivered the following results for the third quarter of 2019:

Revenues: Q3 2019 revenue rose 14% to $147.2 million compared to $128.6 million in Q3 2018 and increased 2% over Q2 2019 revenue of $144.3 million. After... More