Ebix (NASDAQ:EBIX) reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Ebix beat estimated earnings by 48.48%, reporting an EPS of $0.49 versus an estimate of $0.33.
Revenue was down $43.52 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 2.29% increase in the share price the next day.
Here’s a look at Ebix’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.54 | 0.59 | 0.56 | 0.55 |
| EPS Actual | 0.36 | 0.70 | 0.75 | 0.76 |
| Revenue Estimate | 251.04M | 206.97M | 273.09M | 278.72M |
| Revenue Actual | 255.21M | 257.90M | 250.78M | 286.25M |
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.
