November 8, 2017 / 2:50 PM / in a month

BRIEF-Ebix Inc Q3 revenue $92.8 mln

Nov 8 (Reuters) - Ebix Inc

* Ebix Q3 revenues rose 24% to a record $92.8m, operating income rose 15% to $27.9m and diluted EPS rose 4% to $0.76

* Q3 earnings per share $0.76

* Q3 earnings per share view $0.72 -- Thomson Reuters I/B/E/S

* Q3 2017 revenue rose 24% to $92.8 million compared to $74.6 million in Q3 2016​

* Expect Q4 top line to be substantially better than Q3 as it will include revenues from a few additional acquisitions expected to close in Q4​

* On bottom line, co expects operating margins to improve by a few points beyond 30% over next 6 months​

* Says “our aspirational goal for Ebix is to reach a quarterly revenue run rate above $100 million by Q1 2018 with operating margins at or above 30%”​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below