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Ebix +3% after EPS beat

Mar. 02, 2020 8:07 AM ETEbix, Inc. (EBIXQ) StockEBIXQBy: Brandy Betz, SA News Editor50 Comments
  • Ebix (NASDAQ:EBIX) +3.4% reports mixed Q4 results that missed on revenue and beat on EPS.
  • Channel revenue breakdown: EbixCash Exchanges, $81.2M (+23% Y/Y); Insurance Exchanges, $48M (-4%); RCS Insurance, $16.9M (-16%).
  • Outlook: Ebix says that annualized revenue of $700-750M by Q4 is "clearly achievable."
  • Earnings call starts at 11 AM with a webcast here.
  • Press release.

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