U.S. Markets closed

Ebix posts 1Q profit

JOHNS CREEK, Ga. (AP) _ Ebix Inc. (EBIX) on Tuesday reported first-quarter profit of $26.4 million.

The Johns Creek, Georgia-based company said it had profit of 83 cents per share.

The supplier of software and e-commerce services to the insurance industry posted revenue of $79.1 million in the period.

Ebix shares have climbed nearly 10 percent since the beginning of the year. The stock has risen 32 percent in the last 12 months.


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


Keywords: Ebix, Earnings Report