Ebix (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
