$EBIX (Ebix Inc.)

$EBIX {{ '2016-05-23T12:36:46+0000' | timeago}} • Announcement

$EBIX said its BoD approved a three-for-one split of the its common stock, pending shareholder approval of an increase in authorized shares. The company said it anticipates a record date of approximately July 15, 2016.

$EBIX {{ '2017-05-24T13:12:57+0000' | timeago}} • Announcement

$EBIX entered into a JV with India-based Essel Group, while acquiring an 80% stake in payment solutions exchange ItzCash. The $120MM acquisition, expected to be accretive to Ebix earnings within the next 6 to 9 months, includes upfront cash of $76MM and a contingent earn-out of up to $44MM payable over a period of 3 years from closing.

$EBIX {{ '2017-05-12T13:49:03+0000' | timeago}} • Announcement

$EBIX's BoD declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable on June 15, 2017 to shareholders of record at the close of business on May 31, 2017.

$EBIX {{ '2017-05-09T14:31:28+0000' | timeago}} • Announcement

Exchanges revenue rose 5% to $52.6MM in 1Q17 for $EBIX, while Risk Compliance Solutions revenue soared 30% to $21.9MM. Broker Solutions revenue jumped 18% to $3.8MM, but Carrier Systems revenue fell 17% to 0.8MM. Ebix ended the qtr with operating activities cash flow of $15.7MM and $123.5MM in cash, cash equivalents, and short-term investments.

$EBIX {{ '2017-05-09T14:29:35+0000' | timeago}} • Announcement

In 1Q17, total revenue of $EBIX jumped 11% to $79.1MM, reflecting growth in its Exchange, Risk Compliance, and Broker Solution channels. The e-commerce service provider's net attributable income soared 19% to $26.4MM or $0.83 per diluted share, from last year's $22.2MM or $0.67 per share.

$EBIX {{ '2017-02-28T14:07:43+0000' | timeago}} • Announcement

Software and e-commerce services supplier $EBIX reported 12% increase in its 4Q16 earnings to $24.6MM, compared to $21.9MM during 4Q15. Diluted EPS rose 17% YoY to $0.76 from $0.65 in 4Q15. Revenues rose 14% YoY $80MM.

$EBIX {{ '2017-02-06T15:01:42+0000' | timeago}} • Announcement

$EBIX's BoD approved a new $150MM share repurchase plan. This plan is in addition to two previously authorized share repurchase plans adding up to $200MM, which are nearing full utilization now. As a result of continued share repurchases over the last few years, the company's diluted share count is now about 31.9MM shares.

$EBIX {{ '2017-02-03T19:57:30+0000' | timeago}} • Announcement

$EBIX BoD declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable March 15th, 2017 to shareholders of record on February 28th, 2017.

$EBIX {{ '2016-12-27T11:47:36+0000' | timeago}} • Announcement

$EBIX acquired Rio De Janeiro Based WDEV. The company also said it has retained the entire senior management team led by Guillermo Reid, founder and CEO of WDEV, who will continue to lead the WDEV Division of $EBIX as VP and Division Head. No financial advisors were involved in the transaction from $EBIX side.

$EBIX {{ '2016-12-27T11:46:01+0000' | timeago}} • Announcement

$EBIX's Latin American subsidiary acquired all of the outstanding capital stock of WDEV. $EBIX funded the purchase using its internal cash reserves, with no $EBIX shares being issued. $EBIX expects transaction to be immediately accretive for its shareholders.

$EBIX {{ '2016-12-27T11:43:02+0000' | timeago}} • Announcement

$EBIX acquired Rio De Janeiro based WDev Solucoes em Tecnologia S/A. This is made with the goal of becoming the largest one-stop insurance software services provider in Brazil, while offering a wider repertoire of insurance related software services to prospective clients in Latin American markets.

$EBIX {{ '2016-11-11T19:55:29+0000' | timeago}} • Announcement

$EBIX's BoD declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable on Dec. 15, 2016 to shareholders of record on Nov. 30, 2016.

$EBIX {{ '2016-11-09T16:44:48+0000' | timeago}} • Webcast

$EBIX stated that its 3Q16 revenue was the highest reported for any quarter through its history. The company closed 3Q16 with cash, cash equivalents and short term deposit investments of $111.8MM, up $76.6MM YoverY, while cash and short term investments came in at $107MM.

$EBIX {{ '2016-11-09T16:31:49+0000' | timeago}} • Webcast

$EBIX stated its health content revenues were down 11% YoverY in 3Q16, impacted by the increased price competition in the sector and the company's decision to scale down its life sciences division for increased margins. For the company, operating margins were consistent for the quarter at 33%, while operating income rose 11% to $24.3MM.

$EBIX {{ '2016-11-09T14:27:32+0000' | timeago}} • Announcement

CEO Robin Raina said $EBIX is well positioned to fund all its growth plans, in addition to continuing its investor friendly initiatives like share repurchases and dividend payments. This is backed by worldwide cash and cash equivalents of about $111MM, growing operating cash flows and solid backing of banking syndicate led by Regions Bank.

$EBIX {{ '2016-11-09T14:22:47+0000' | timeago}} • Announcement

Software and e-commerce services supplier $EBIX reported a rise in 3Q16 earnings as growth in both the Exchange and Risk Compliance channel drove revenue higher by 12%. Net income rose to $24.07MM or $0.74 per share from $20.23MM or $0.59 per share last year. Operating revenue grew to $74.61MM from $66.81MM.

$EBIX {{ '2016-06-24T19:08:14+0000' | timeago}} • Announcement

$EBIX said it now has access to total funds of about $250MM to fund any of its working capital or any other growth and share repurchase initiatives. This includes the worldwide cash balances in the bank of about $70MM in addition to available credit line of about $180MM.

$EBIX {{ '2016-06-24T19:07:21+0000' | timeago}} • Announcement

$EBIX announced the expansion of its existing credit facility from $240MM to $400MM, to fund its growth and share repurchase initiatives. The $160MM increase in the bank line was the result of many members of the existing bank group expanding their share of the credit facility.

$EBIX {{ '2016-05-23T12:36:46+0000' | timeago}} • Announcement

$EBIX said its BoD approved a three-for-one split of the its common stock, pending shareholder approval of an increase in authorized shares. The company said it anticipates a record date of approximately July 15, 2016.

$EBIX {{ '2016-05-12T12:42:04+0000' | timeago}} • Announcement

$EBIX said its BoD declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable June 15, 2016 to shareholders of record at the close of business on May 31.

$EBIX {{ '2016-02-25T18:02:05+0000' | timeago}} • Announcement

Provider of on-demand software and e-commerce services $EBIX said that its Board of Directors declared a quarterly dividend of $0.075 per common share. The dividend is payable on March 15, 2016 to shareholders of record February 29, 2016.

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