EBIX, Inc. (EBIX) Misses Q2 EPS by 3c

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Ebix Announces Second Quarter 2014 Results

August 8, 2014 7:30 AM EDT

Quarterly revenue of $51.5 million and operating cash flow of $17.8 million

ATLANTA, Aug. 8, 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 second quarter ended June 30, 2014.

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

Revenues: Total Q2 2014 revenue was $51.5 million, an increase of 1% on a year-over-year basis, as compared to Q2 2013 revenue of $51.0 million and a slight sequential... More