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Insurance software firm Ebix (EBIX) gains 4.9% after reporting Q3 revenue of $42.6M (+28% Y/Y)...
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Tuesday, November 8, 2011, 8:57 AM ETInsurance software firm Ebix (EBIX) gains 4.9% after reporting Q3 revenue of $42.6M (+28% Y/Y) and EPS of $0.41; the former missed by $0.8M, but the latter beat by $0.02. $34.8M in shares were repurchased during the quarter (over 5% of shares outstanding), and the company's deferred revenue balance rose by $1.6M, to $16.5M.
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