Ebix (EBIX -3.7%) is lower following its Q3 report, even though the insurance software firm beat...

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

Ebix (EBIX -3.7%) is lower following its Q3 report, even though the insurance software firm beat estimates and raised its quarterly dividend by 50% to $0.075/share. The company now sports a yield of 1.7%. A slight Q/Q drop in deferred revenue to $18.05M might not be going over well, given revenue rose 13% Q/Q. (SEC probe report: I, II)