Ebix

Ebix, Inc. engages in the provision of software and e-commerce services to the insurance, finance, and healthcare industries. It operates through the following product and service channels: EbixCash Exchanges, Insurance Exchanges, and Risk Compliance Solutions. The EbixCash Exchanges channel offers money transfer, payment, and ticketing and travel services. The Insurance Exchanges channel includes software, setup, customization, transaction processing, maintenance, and hosting services. The Risk Compliance Solutions channel consists of certificates of insurance and consulting services. The company was founded in 1976 and is headquartered in Johns Creek, GA.

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Ebix achieves record revenue in 2022 amidst currency challenges

Ebix had a strong year in terms of revenue but faced challenges in Q4 2022, including currency impacts and increased expenses.
The company's EbixCash business showed significant growth, while North America saw market share gains in specific divisions.
Challenges include the EHAE joint venture's impact on revenues and the need to address refinancing and credit facility maturity.
Ebix is focused on seizing growth opportunities, optimizing tax rates, and reducing interest costs through potential IPO and refinancing strategies.

Ebix reports robust Q1 earnings, eyes growth amid challenges

Ebix delivered strong financial performance in Q1 2023 with revenue growth and improved operating income.
The company faces challenges from external factors like inflation and changing revenue recognition rules.
Opportunities lie in expanding EbixCash, pursuing high-margin projects, and enhancing operational efficiency.
Strategic focus on debt reduction and growth initiatives demonstrate a proactive approach to financial management.
Maintaining operating margins and navigating revenue materiality concerns are key priorities for future success.

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Ebix is a leading international supplier of software and e-commerce solutions to the insurance industry. They provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial industries. Their powers businesses in more than 50 countries across six continents.

NOIDA, India and JOHNS CREEK, Ga., Jan. 18, 2022 (GLOBE NEWSWIRE) -- EbixCash Private Limited, today announced that its subsidiary EbixCash Global Services, that targets the Customer Response Outsourcing (CRO), Human Resource Outsourcing (HRO) & Business Process Outsourcing (BPO) sectors, has secured seven new prestigious contracts in the fourth quarter of the year 2021. EbixCash Private Limited is a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries.

EbixCash's BPO, HRO & CRO Division – EbixCash Global Services Reports 54% Year-over-Year Organic Growth with Seven New Contract Wins in Q4 of 2021

NOIDA, India and JOHNS CREEK, Ga., Jan. 11, 2022 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that it has been awarded the prestigious order to design, develop, build, install, maintain, operate and transfer the Intelligent Transport Management System (ITMS) for all the state buses run by the two Government owned transport corporations, namely Calcutta State Transport Corporation (CSTC) and West Bengal Transport Corporation (WBSTC).

EbixCash Wins Prestigious Long-term Contract for Automating and Digitizing the State of West Bengal and the City of Kolkata's Bus Ticketing and Fare Collection System

Paytm, an India-based fintech company, recently had the largest IPO offering to date in India. In the first two days of trading, Paytm shares tumbled by more than 30%.

Ebix: Ebixcash IPO In The Context Of Recent Paytm IPO

NEW YORK--(BUSINESS WIRE)-- #EBIX--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Ebix, Inc. (NASDAQ: EBIX) on behalf of long-term stockholders following a class action complaint that was filed against Ebix on February 22, 2021. Our investigation concerns whether the board of directors of Ebix have breached their fiduciary duties to the company. The complaint alleges that throughout the Class Period defendants made materia

EBIX ALERT: Bragar Eagel & Squire, P.C. is Investigating Ebix, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

JOHNS CREEK, Ga., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc., (NASDAQ: EBIX) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that its Board of Directors has declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable December 15, 2021 to shareholders of record at the close of business on December 1, 2021.

Ebix Declares 7.5 Cent Quarterly Dividend, Payable December 15, 2021 to Shareholders of Record December 1, 2021

Ebix, Inc. (EBIX) CEO Robin Raina on Q3 2021 Results - Earnings Call Transcript

Ebix Inc (NASDAQ: EBIX) reported third-quarter FY21 revenue growth of 24% year-on-year to $191.7 million, missing the consensus of $221.2 million. Prepaid card revenues grew by 53% Y/Y while declining 38% sequentially.

Ebix Stock Slides After Mixed Q3 Results, Revenue Lags Consensus

JOHNS CREEK, Ga., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries today announced the following results for the quarter ended September 30, 2021:

Ebix Announces Third Quarter Fiscal Year 2021 Financial Results

Ebix (NASDAQ:EBIX) is set to give its latest quarterly earnings report on Tuesday, 2021-11-09. Here's what investors need to know before the announcement.

Earnings Preview: Ebix

JOHNS CREEK, Ga., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that the Company will report its 2021 third quarter results on Tuesday, November 9th, 2021, and will host an investor conference call at 11:00 am ET on the same day to discuss the Company's performance. The call is open to the public.

Ebix Hosts Q3 Investor Call Tuesday, November 9th at 11:00 a.m. ET

In the last few years, Ebix, Inc. has acquired a number of companies in India to form Ebixcash, a fully owned subsidiary.

Ebix: Low-Risk Way To Participate In Red Hot Indian IPO Market

This high growth stock is about to release additional value for shareholders through an IPO of a business unit. Similar companies have raised substantial sums through an IPO.

Ebix: It's Almost Time To Pounce

JOHNS CREEK, Ga., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries today announced that Vice Chancellor Joseph R. Slights III has granted Ebix's motion to dismiss in its entirety the Delaware Chancery Court suit filed by Yatra Online, Inc. in June 2020.

Delaware Court Grants Ebix's Motion to Dismiss in Lawsuit Filed by Yatra Online, Inc.

JOHNS CREEK, Ga., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc., (NASDAQ: EBIX) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that its Board of Directors has declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable September 15, 2021 to shareholders of record at the close of business on September 3, 2021.

Ebix Declares 7.5 Cent Quarterly Dividend, Payable September 15, 2021, to Shareholders of Record September 3, 2021

Ebix Inc (NASDAQ: EBIX) reported second-quarter FY21 revenue growth of 121% year-on-year to $246.3 million, beating the analyst consensus of $226.8 million. Excluding revenues from the foreign exchange, travel, e-learning, and remittance businesses impacted the most by COVID-19, Q2 revenues grew 125% Y/Y.

Ebix Clocks 125% Revenue Growth Amid Pandemic's Second Wave, Margin Contracts As Cost Spike

Ebix, Inc. (EBIX) CEO Robin Raina on Q2 2021 Results - Earnings Call Transcript

Shares of Ebix (NASDAQ:EBIX) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share fell 13.64% year over year to $0.76, which beat the estimate of $0.58.

Ebix: Q2 Earnings Insights

JOHNS CREEK, Ga., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries today announced the following results for the quarter ended June 30, 2021:

Ebix Announces Second Quarter Fiscal Year 2021 Financial Results

NOIDA, India and JOHNS CREEK, Ga., Aug. 03, 2021 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced the appointment of Mr. Sunil Srivastav, as a new independent director to the EbixCash Board. Sunil is a career banker, having retired as Deputy Managing Director of the Corporate Accounts Group at India's largest bank - State Bank of India (SBI), after serving the bank for 38 years.

EbixCash Announces Appointment of Eminent Career Banker - Sunil Srivastav to Its Board of Directors

JOHNS CREEK, Ga., July 30, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that the Company will report its 2021 second quarter results on Monday, August 9th, 2021, and will host an investor conference call at 11:00 am ET on the same day to discuss the Company's performance. The call is open to the public.

Ebix Hosts Q2 Investor Call Monday, August 9th at 11:00 a.m. ET

SAN DIEGO & JOHNS CREEK, Ga.--(BUSINESS WIRE)---- $EBIX #EBIX--Shareholder rights law firm Robbins LLP is investigating EBIX, Inc. (NASDAQ: EBIX) to determine whether certain Ebix officers and directors violated the Securities Exchange Act of 1934 and breached their fiduciary duties to the Company. Ebix supplies infrastructure exchanges to the insurance, financial, travel, cash remittances, and healthcare industries. If you suffered a loss due to Ebix, Inc.'s misconduct, click here. Ebix, Inc. (EBIX) Misled Sh

Shareholder Alert: Robbins LLP is Investigating EBIX, Inc. (EBIX) for Shareholders

Service to link Ebix AnnuityNet platform with DTCC's Producer Management Portal Service to link Ebix AnnuityNet platform with DTCC's Producer Management Portal

DTCC Partners With Ebix to Deliver New Solution to Address Increasing Challenges of Annuity Compliance

NOIDA, India and JOHNS CREEK, Ga., July 01, 2021 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that India's leading tele-shopping and one stop online shop for all lifestyle - Naaptol, has selected EbixCash's BPO Division – EbixCash Global Services as its Customer Care Operations partner for the East Region. Naaptol is a free to air television and online network that has emerged as the the No.1 home shopping company of India, while specializing in televised home shopping. The deal involves EbixCash deploying a number of centers across multiple cities to optimize and manage Naaptol's Customer Care Operations.

India's Leading Teleshopping Network - Naaptol Selects EbixCash for Managing Its Customer Care Operations

NOIDA, India and JOHNS CREEK, Ga., June 30, 2021 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that MoneyWare®, its flagship product for wealth and asset management, has been awarded the Leaderboard position in the IBS Sales League table for 2021.

EbixCash Financial Technologies Features in the Leaderboard for Private Banking & Wealth Management in the IBS Sales League Table 2021

NOIDA, India and JOHNS CREEK, Ga., June 28, 2021 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that India's second largest Government owned bank - Punjab National Bank (PNB), has selected EbixCash as its Network Integrator (NI) for desgning,, monitoring and managing its Enterprise Wide Area Network (EWAN) across India for a period of 3 years beginning July 1, 2021. The agreement involves the deployment of 1000+ dedicated EbixCash employees to assess, optimize and manage the EWAN, Data Center and Disaster Recovery Sites (DRS) spread pan-India across the PNB headquarters, 24 zonal offices , 161 circle offices and 16,250 branches.

News for Ebix Stock (EBIX)