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Ebix posts 4Q profit

JOHNS CREEK, Ga. (AP) _ Ebix Inc. (EBIX) on Tuesday reported fourth-quarter earnings of $24.6 million.

On a per-share basis, the Johns Creek, Georgia-based company said it had net income of 76 cents.

The supplier of software and e-commerce services to the insurance industry posted revenue of $80 million in the period.

For the year, the company reported profit of $93.8 million, or $2.86 per share. Revenue was reported as $298.3 million.

Ebix shares have risen 5 percent since the beginning of the year. The stock has climbed 77 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