Insurance software firm Ebix (EBIX) gains 4.9% after reporting Q3 revenue of $42.6M (+28% Y/Y)...

|About: Ebix Inc (EBIX)|By:, SA News Editor

Insurance 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.