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Ebix: 1Q Earnings Snapshot

JOHNS CREEK, Ga. (AP) _ Ebix Inc. (EBIX) on Thursday reported first-quarter profit of $25.7 million.

The Johns Creek, Georgia-based company said it had profit of 84 cents per share. Earnings, adjusted for non-recurring costs, came to $1.04 per share.

The supplier of software and e-commerce services to the insurance industry posted revenue of $142.9 million in the period.

Ebix shares have increased 12% since the beginning of the year. The stock has fallen 41% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EBIX at https://www.zacks.com/ap/EBIX