EBIX Ebix Inc featured news, full reports, and detailed charts
Ebix Inc (EBIX) Wrap Up:
Ebix, Inc. (the “Company” or “Ebix”) was founded in 1976 as Delphi Systems, Inc., a California corporation. The Company is an international provider of software and Internet-based solutions for the insurance industry. International revenue accounted for 36%, 37% and 33% of total revenue in 2006, 2005 and 2004, respectively. Information on the Company’s revenues, net income and fixed assets in different geographic areas is furnished in note 12 to the consolidated financial statements, included elsewhere in this Form 10-K. Historically and during 2006, the Company’s revenue has been derived primarily from professional and support services (94% of revenue in 2006) and from licensing proprietary and third-party software (6% of revenue in 2006). ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f04%2f10%2f0001104659-07-027455.html#FIS_BUSINESS"Ebix Inc. (EBIX:NASDAQ)
Snapshot of Ebix Inc. (EBIX)
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OPEN
$52.10
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PREVIOUS CLOSE
$52.40
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DAY HIGH
$52.29
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DAY LOW
$48.97
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52 WEEK HIGH
10/26/09 - $67.93
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52 WEEK LOW
03/6/09 - $17.12
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MARKET CAP
562.6M
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AVERAGE VOLUME 3 mo
374.1K
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DILUTED EPS TTM
$2.84
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SHARES OUTSTANDING
11.3M
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EBIX Does Not Pay Dividends
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P/E TTM
17.5x
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related news
EBIX Top Compensated Officers
Executives, Board Directors
Key developments for Ebix Inc. (EBIX)
Ebix Inc. announced that it has created a new business unit focused on CRM services to life insurance agents, advisors and insurance companies. Called Ebix CRM this new division consists of California-based E-Z Data Inc. which will continue to provide superior customer value and a simplified user experience under the new Ebix CRM name. Through E-Z Data offerings and the SmartOffice(R) solution, Ebix CRM currently services many of the top 20 Fortune 500(R) life insurance companies, broker dealers, while being a clear leader in the Life CRM space in the United States. Ebix now offers more customer value through the only combination of insurance focused CRM unified with electronic transaction capabilities for Life Insurance and Annuities. Ebix CRM will focus on improving seamless workflows and integrations with other EbixExchange products, such as LifeSpeed, AnnuityNet, WinFlex and Vital Sales Suite. It will also support existing integrations with WinFlex Web and Data Exchange to continue to provide SmartOffice users with the ability to leverage customer data within SmartOffice to create illustrations, launch new business application processing and aggregate customer service data from a wide range of participating life insurance companies.
Ebix Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company has posted total revenue of $23.29 million, compared to $20.17 million for the third quarter of 2008, marking a 16% increase in revenues. The company's operating income for the quarter rose 21% to $9.78 million, as compared to $8.12 million in the third quarter of 2008. Net income after taxes for the quarter rose 28% to $9.43 million, or $0.76 per diluted share, up from $7.40 million, or $0.62 per diluted share, in the third quarter of 2008. Currency adjusted revenues grew to $23.73 million, a 17.6% increase over the third quarter of 2008. Currency adjusted net income after taxes grew to $9.61 million, a 30.0% increase over the third quarter of 2008. Income before income tax was $9.7 million compared to $7.8 million for the same period a year ago. For the year to date, the company's net income grew by 38% to $26.73 million as compared to cumulative net income of $19.40 million at the end of nine months of 2008. The nine-month cumulative diluted EPS for 2009 also grew by 32% to $2.17 as compared to cumulative diluted EPS of $1.65 at the end of nine months of 2008. Operating revenue was $66.38 million compared to $54.60 million for the same period a year ago. Operating income was $27.40 million compared to $21.16 million for the same period a year ago. EBIT was $27.65 million compared to $20.52 million for the same period a year ago. Net cash provided by operating activities was $22.12 million compared to $19.35 million for the same period a year ago. Investment in acclamation, net of cash acquired was $0.085 million compared to $21.36 million for the same period a year ago. Capital expenditures was $1.94 million compared to $0.54 million for the same period a year ago.
Ebix Inc., Q3 2009 Earnings Call, Nov-04 2009
EBIX Competitors
| Company | Last | Change |
| Cover-All Technologies Inc | $1.20 USD | 0.00 |
| Health Benefits Direct Corp | $0.09 USD | 0.00 |
| Pegasystems Inc | $30.59 USD | -0.21 |
| Progress Software Corp | $24.49 USD | +0.08 |
| Unify Corp | $2.76 USD | -0.07 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | EBIX | Industry Range |
| Price/Earnings | 18.1x |
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| Price/Sales | 6.0x |
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| Price/Book | 4.3x |
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| Price/Cash Flow | 14.8x |
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| TEV/Sales | 5.4x |
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EBIX |
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EBIX transactions
| Type Date |
Target |
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Merger/Acquisition
September 30, 2009 |
E-Z Data, Inc. |
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Merger/Acquisition
September 30, 2009 |
Peak Performance Solutions, Inc. |
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Private Placement
August 26, 2009 |
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More Recent News About Ebix Inc
More news for EBIX
Ebix Announces Record Results with 76 Cents EPS
 Ebix, Inc. and Subsidiaries Consolidated Statements of Cash Flows (In thousands) (Unaudited)  Nine Months Ended September 30, 2009  2008  Cash flows from operating activities:  Net income $ 26,725 $ 19,403 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 2,517 2,460 Stock-based compensation ...Click here to read the whole Article (external link)
Ebix Announces Unified Ebix CRM Division for On-Demand CRM and further Enhanced Integration of LifeSpeed and AnnuityNet
ATLANTA--(BUSINESS WIRE)--Ebix, Inc. (NASDAQ: EBIX - News), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced today that it has created a new business unit focused on CRM services to life insurance agents, advisors and insurance companies. Called Ebix CRM, this new division consists of California-based E-Z Data, Inc. which will continue to provide superior customer value and a simplified user experience under the new Ebix CRM name. ®® life insurance companies, leading broker dealers, while being a clear leader in the Life CRM space in the United States. Ebix now offers more customer value through the only combination of insurance focused CRM unified with electronic transaction capabilities for Life Insurance and Annuities.Ebix CRM will focus on improving seamless workflows and integrations with other EbixExchange products, such as LifeSpeed, AnnuityNet, WinFlex and Vital Sales Suite. It will also support existing integrations with WinFlex Web and Data Exchange to continue to provide SmartOffice users with the ability to leverage customer data within SmartOffice to create illustrations, launch new business application processing and aggregate customer service data from a wide range of participating life insurance companies.The integration between SmartOffice and EbixExchange solutions helps deliver fast, ef...Click here to read the whole Article (external link)
Erin Anders joins EbixExchange
ATLANTA--(BUSINESS WIRE)--Ebix, Inc. (NASDAQ: EBIX - News), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced today that seasoned life insurance and technology professional Erin Anders has joined EbixExchange Division. Formerly Vice President of Sales and Marketing at AgencyWorks, Anders joins EbixExchange as an integral part of the enterprise sales strategy intended to reflect the way customers are viewing and implementing straight through processing today through EbixExchange alone. As a sales executive, Anders joins EbixExchange to continue the commitment to leading the industry’s only combination of insurance focused CRM unified with electronic transaction capabilities for Life Insurance and Annuities.Dan Delity, Senior Vice President, EbixExchange said, “Anders’ background and trusted certainty aligns well with the vision of EbixExchange for an end-to-end value proposition with true differentiation in transactional information exchanges. Strength and differentiation in solution-based selling occurs for EbixExchange through dependable expertise, trust and a pledge to 'know your customer, know the industry'. Anders' recent background with stand-alone, conventional agency management systems complements EbixExchange efforts for bringing advanced and integrated CRM with illustration tools, agent/advisor sales t...Click here to read the whole Article (external link)
EBIX INC Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Safe Harbor for Forward-Looking Statements under the Securities Litigation Reform Act of 1995-This Quarterly Report on Form 10-Q contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "seek," "plan," "project," "continue," "predict" or words of similar meaning and include, but are not limited to, statements regarding the outlook for our future business and financial performance. Forward-looking statements are based on management's current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially due to global political, economic, business, competitive, market, regulatory and other factors, including the items identified in Part I, Item 1A, "Risk Factors" in our 2008 Form 10-K which is incorporated by reference herein. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise. The important factors that could cause actual results to differ materially from those in our specific forward-looking statements included in this Form 10-Q include, but are not limited to, the following: • Regarding Notes 6, and 7 of the Condensed Notes to Consolidated Financial Statements, and our future liquidity needs discussed under "Liquidity and Financial Condition," our ability to generate cash from operating activities and any declines in our credit ratings or financial condition which could re...Click here to read the whole Article (external link)
New Star Analyst Rankings for Ebix Inc
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
Ebix to Hold Investor Conference at NASDAQ Building in New York on 7th December
ATLANTA--(BUSINESS WIRE)--Ebix, Inc. (NASDAQ:EBIX - News) a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that it will be holding a “Meet the Management†Investor Conference on Monday, December 7, 2009 in New York. The Ebix Investor Conference will take place from 8:00 a.m. onwards at the NASDAQ MarketSite®, 4 Times Square, New York and will be attended by the Ebix President and CEO Robin Raina along with 20 of Ebix’s top tier Senior Managers including the Ebix CFO and the Division Heads.The agenda will be as follows-A strong attendance is expected and registration to attend the meeting will be a must.RegistrationTo register for this special event visit the Investor home page on Ebix website; www.ebix.com or contact Aaron at Ebix Investor Relations on 678-281-2027. Attendance at the conference and one-on-one meetings with Ebix CEO & CFO will be based on early registration and pre-booking of each meeting. Each of the registered attendees will receive an email ...Click here to read the whole Article (external link)
EBIX INC Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue23,292 22,421 20,668 20,143 Cost of Revenue4,465 4,748 4,085 4,060 Gross Profit18,827 17,673 16,583 16,083 Operating ExpensesResearch Development3,000 2,753 2,505 2,648 Selling General and Administrative5,100 4,831 4,977 4,491 Non Recurring - - - - Others944 829 744 846 Total Operating Expenses - - - - Operating Income or Loss9,783 9,260 8,357 8,098 Income from Continuing OperationsTotal Other Income/Expenses Net198 385 458 530 Earnings Before Interest And Taxes9,981 9,645 8,815 8,628 Interest Expense234 273 284 450 Income Before Tax9,747 9,372 8,531 8,178 Income Tax Expense313 416 196 267 Minority Interest - - - - Net Income From Continuing Ops9,434 8,956 8,335 7,911 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - ...Click here to read the whole Article (external link)