Ebix: Q3 Earnings Insights

Ebix EBIX reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:42 AM.

Here's what investors need to know about the announcement.

Ebix missed estimated earnings by 257.14%, reporting an EPS of $-0.11 versus an estimate of $0.07.

Revenue was down $138.68 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 31.87% drop in the share price the next day.

Here's a look at Ebix's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.24	0.33	0.54	0.59
EPS Actual	0.23	0.49	0.36	0.70
Revenue Estimate	197.88M	246.09M	251.04M	206.97M
Revenue Actual	118.43M	242.74M	255.21M	257.90M

To track all earnings releases for Ebix visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.