Ebix Beats Q1 Aided By Pandemic Recovery
Ebix, Inc (NASDAQ:EBIX) reported a first-quarter FY22 revenue decline of 1% year-on-year to $286.3 million, beating the consensus of $278.7 million. Prepaid card revenues declined by 7% Y/Y. Segments: EbixCash Exchanges revenue declined 2.7% Y/Y to $224.2 million, Insurance Exchanges revenue grew 2.3% Y/Y to $43.8 million, and RCS revenue grew 8.3% Y/Y to…
Benzinga ·