Ebix (EBIX) Posts Quarterly Earnings, Misses Estimates By $0.03 EPS
Ebix (NASDAQ:EBIX) released its earnings data on Friday. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.38 by $0.03, AnalystRatingsNetwork reports. The company had revenue of $51.50 million for the quarter, compared to the consensus estimate of $52.00 million. During the same quarter in the prior year, the company posted $0.35 earnings per share.
Shares of Ebix (NASDAQ:EBIX) opened at 13.23 on Friday. Ebix has a 52 week low of $9.25 and a 52 week high of $17.95. The stock’s 50-day moving average is $13.33 and its 200-day moving average is $15.10. The company has a market cap of $507.8 million and a P/E ratio of 9.01.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 2.27%.
Ebix, Inc (NASDAQ:EBIX) is an international supplier of software and e-commerce solutions to the insurance industry.
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