Ebix beats by $0.03


Ebix (EBIX): Q3 EPS of $0.34 beats by $0.03.

Revenue of $50.3M (-7% Y/Y) misses by $0.95M. (PR)

Comments (2)
  • bluedevilAK
    , contributor
    Comments (41) | Send Message
     
    Results look solid, given what has been going on.

     

    EPS of ~$0.45 cents adjusting for non-recurring accruals of $5 million. Hints of investigation being resolved (accrual and forecasted drop in legal expenses). Lots of new customers.
    8 Nov 2013, 08:23 AM Reply Like
  • jonkevinlai
    , contributor
    Comments (93) | Send Message
     
    Agree. New brand name customers like Wal Mart, Wells Fargo, AIG, Metlife, Prudential, AON, Merrill Lynch etc signed on in Q3. More topline growing deals in 2014. Progress in litigation. Big reduction in debt, CEO commits to more share buybacks and Dividends to be re-instated beginning in 2014! Whats not to like?
    8 Nov 2013, 08:01 PM Reply Like
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