EBIX, Inc. (EBIX) Tops Q1 EPS by 4c

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Ebix Announces First Quarter 2014 Results

May 9, 2014 7:31 AM EDT

Q1 Diluted EPS of $0.40 with Revenues of $51.4 million

ATLANTA, May 9, 2014 (GLOBE NEWSWIRE) -- Ebix, Inc. (Nasdaq: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today reported results for the fiscal first quarter ended March 31, 2014.

Ebix delivered the following results for the first quarter of 2014:

Revenues: Total Q1 2014 revenue was $51.4 million, a decrease of 2% on a year-over-year basis, as compared to Q1 2013 revenue of $52.6 million and a sequential increase of $0.60 million... More