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Ebix, Inc. (EBIX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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28.53+1.22 (+4.47%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close27.31
Open28.25
Bid28.30 x 1000
Ask28.75 x 900
Day's Range27.50 - 28.95
52 Week Range17.83 - 64.14
Volume315,486
Avg. Volume749,190
Market Cap882.801M
Beta (5Y Monthly)2.71
PE Ratio (TTM)9.45
EPS (TTM)3.02
Earnings DateMay 17, 2021 - May 21, 2021
Forward Dividend & Yield0.30 (1.05%)
Ex-Dividend DateMar. 01, 2021
1y Target Est40.50
  • Ebix Hosts Q1 Investor Call Monday, May 17th at 11:00 a.m. ET
    GlobeNewswire

    Ebix Hosts Q1 Investor Call Monday, May 17th at 11:00 a.m. ET

    JOHNS CREEK, Ga., May 14, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that the Company will report its 2021 first quarter results on Monday, May 17th, 2021, and will host an investor conference call at 11:00 am ET on the same day to discuss the Company's performance. The call is open to the public. Conference Call, Webcast and Replay Details:Call Date/Time: May 17, 2021 at 11:00 a.m. ETCall Dial-In Toll Free: +1 (877) 837-3909International Dial-In: +1 (973) 409-9690Call ID: # 9598823 Live Audio Webcast: https://www.ebix.com/webcast Audio Replay URL: http://www.ebix.com/result_21_q1 after 2:00 p.m. About EbixWith 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, Ebix’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also providing Software-as-a-Service ("SaaS") enterprise solutions worldwide in the area of CRM, front-end & back-end systems, outsourced administration and risk compliance services. For more information please visit the Company’s website at www.ebix.com With a "Phygital” strategy that combines 320,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries to an omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other international markets. EbixCash’s Forex operations have emerged as a leader in India’s airport Foreign Exchange business, conducting over $4.8 billion in annual gross transaction value in 32 international airports, including Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata. EbixCash’s inward remittance business in India conducts approximately $6.5 billion of gross annual remittance volume, confirming its undisputed leadership position in India. EbixCash, through its travel portfolio of Via and Mercury, is also one of Southeast Asia’s leading travel exchanges with over 2,200+ employees, a 212,450+ agent network, 25 branches and over 9,800 corporate clients. EbixCash Travel processes an estimated $2.5 billion in gross merchandise value per year. Visit the Company’s website at www.ebixcash.com CONTACT:Darren Joseph or Gautam Sharma678 -281-2027 or IR@ebix.com David Collins or Chris EddyCatalyst Global - 212-924-9800 or ebix@catalyst-ir.com

  • Bragar Eagel & Squire is Investigating Certain Officers and Directors of Merit Medical Systems, Ebix, Inc., and Zoom on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
    GlobeNewswire

    Bragar Eagel & Squire is Investigating Certain Officers and Directors of Merit Medical Systems, Ebix, Inc., and Zoom on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

    NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Merit Medical Systems, Inc. (NASDAQ: MMSI), Ebix, Inc. (NASDAQ: EBIX), and Zoom Video Communications, Inc. (NASDAQ: ZM) on behalf of long-term stockholders. More information about each potential case can be found at the link provided. Merit Medical Systems, Inc. (NASDAQ: MMSI) Bragar Eagel & Squire is investigating certain officers and directors of Merit Medical Systems, Inc. following news that the Shareholder Class Action against Merit Medical has survived the motions to dismiss in the pending securities class action and may face damages. According to the securities class action complaint, during the class period defendants made false and misleading statements and/or failed to disclose adverse information concerning Merit’s business and prospects. Specifically, defendants failed to disclose that: (a) the integrations of Cianna and Vascular Insights, including their products, sales people, and R&D facilities, had caused operational disruptions and reduced sales and were months behind schedule; (b) sales of acquired company products had slowed substantially due to pre-acquisition pipeline fill, in particular for Vascular Insights products which, as late as July 2019, had zero orders during fiscal 2019; and (c) in light of the foregoing, the Company’s reported financial guidance for fiscal 2019 and 2020 was made without a reasonable basis. As a result of defendants’ material misrepresentations and omissions, Merit stock traded at artificially inflated prices of more than $62 per share. On March 29, 2021, U.S. District Judge David O. Carter denied defendants’ motions to dismiss plaintiffs’ claims, finding that plaintiffs had plausibly alleged securities fraud claims. For more information on our investigation into Merit Medical go to: https://bespc.com/cases/mmsi Ebix, Inc. (NASDAQ: EBIX) Bragar Eagel & Squire is investigating certain officers and directors of Ebix, Inc.. following a class action complaint that was filed against Ebix on February 22, 2021. The complaint alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that there was insufficient audit evidence to determine the business purpose of certain significant unusual transactions in Ebix’s gift card business in India during the fourth quarter of 2020; (2) that there was a material weakness in Company’s internal controls over the gift or prepaid revenue transaction cycle; and (3) that the Company’s independent auditor was reasonably likely to resign over disagreements with Ebix regarding $30 million that had been transferred into a commingled trust account of Ebix’s outside legal counsel; and (4) that, as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. For more information on our investigation into Ebix go to: https://bespc.com/cases/ebix Zoom Video Communications, Inc. (NASDAQ: ZM) Bragar Eagel & Squire is investigating certain officers and directors of Zoom Video Communications, Inc. following a class action complaint that was filed against Zoom on April 7, 2020. The Complaint alleges that throughout the Class Period defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) Zoom had inadequate data privacy and security measures; (ii) contrary to Zoom’s assertions, the Company’s video communications service was not end-to-end encrypted; (iii) as a result of all the foregoing, users of Zoom’s communications services were at an increased risk of having their personal information accessed by unauthorized parties, including Facebook; (iv) usage of the Company’s video communications services was foreseeably likely to decline when the foregoing facts came to light; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times. For more information on our investigation into Zoom go to: https://bespc.com/cases/ZM About Bragar Eagel & Squire, P.C.:Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information:Bragar Eagel & Squire, P.C.Brandon Walker, Esq. Melissa Fortunato, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

  • Ebix Announces Appointment of Priyanka Kaul to Its Board of Directors
    GlobeNewswire

    Ebix Announces Appointment of Priyanka Kaul to Its Board of Directors

    JOHNS CREEK, Ga., May 03, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today announced the appointment of Ms. Priyanka Kaul as a new independent director to the Ebix Board. In a career spanning 22 years, Priyanka has held various leadership positions including being the CEO of Forbes India and Division President of Network 18 Group (CNBC TV 19 and CNN TV18). She has also been the Chief Marketing and Revenue Officer at one of India’s leading media groups - NDTV. An environmentalist to the core, she has pioneered and conceptualized India’s best known and award-winning environment campaigns for brands like: Toyota (Greenathon), Aircel (Save Our Tigers), Coca-Cola (Support my School), Reckitt Benckiser (Banega Swachh India), and the Gates Foundation amongst others. She has been widely recognized for her work in India and at various international platforms. Priyanka has won several awards including prestigious international awards like the CBA (Common Wealth Broadcasting Association), One World Media Award for the best Brand Campaign with a Social Message for Toyota. Her campaign with Gates Foundation, on maternal and child health won Gold at the New York Film Festival. Priyanka also represented India at the First BRICS Media Summit in Beijing in 2015. She was invited to speak at the World Economic Forum at Davos for her campaign on Water. “Priyanka’s leadership experience across respected names like Forbes India, CNN TV18, CNBC TV18 and NDTV provides her a deep grasp of the Indian corporate sector and the overall Indian economy. India is emerging as a big market for Ebix and thus this is a valuable addition to our Board.” Neil Eckert, Chairman of Ebix’s nominating committee said. “She brings in increased balance and diversity to the Ebix Board. We value her passion for the environment, as also her understanding of branding, as all these attributes can help guide the Company not only in the impending India IPO, but also from the perspective of being a socially responsible company.” Priyanka is an alumni of one of India’s leading boarding schools, the Welham Girls’ School. She later graduated in Economics from the University of Mumbai, besides studying Advanced Management from the Harvard Business School, Boston. About Ebix, Inc. With 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, Ebix’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administration and risk compliance services, around the world. With a "Phygital” strategy that combines over 320,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other markets. EbixCash’s Forex operations have emerged as a leader in India’s airport Foreign Exchange business with operations in 20 international airports, including Delhi, Mumbai, Mumbai, Hyderabad, Chennai and Kolkata, combined conducting over $4.8 billion in gross transaction value per year (pre-COVID-19). EbixCash’s inward remittance business in India processes approximately $5 billion in gross annual remittance volume (pre-COVID-19) and is the clear market leader. EbixCash, through its travel portfolio of Via and Mercury, is also one of Southeast Asia’s leading travel exchanges with over 200,000 agents, 25 branches and over 9,800 corporate clients, combined processing an estimated $2.5 billion in gross merchandise value per year (pre-COVID-19). Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com CONTACT:Darren Joseph678 -281-2027 or IR@ebix.com David Collins, Chris EddyCatalyst Global - 212-924-9800 or ebix@catalyst-ir.com