Ebix: Q1 Earnings Snapshot
Posted May 17, 2021 10:10 am.
Last Updated May 17, 2021 10:24 am.
JOHNS CREEK, Ga. (AP) _ Ebix Inc. (EBIX) on Monday reported first-quarter earnings of $21.6 million.
On a per-share basis, the Johns Creek, Georgia-based company said it had net income of 70 cents. Earnings, adjusted for amortization costs and stock option expense, came to 84 cents per share.
The supplier of software and e-commerce services to the insurance industry posted revenue of $290.1 million in the period.
Ebix shares have dropped 28% since the beginning of the year. The stock has climbed 57% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EBIX at https://www.zacks.com/ap/EBIX
The Associated Press
