EBIX - Ebix EPS beats by $0.22 misses on revenue

Ebix (NASDAQ:EBIX): Q3 Non-GAAP EPS of $0.72 beats by $0.22; GAAP EPS of $0.50 in-line. Revenue of $191.74M (+24.3% Y/Y) misses by $20.06M. Press Release “Prepaid card revenues grew by 53% in Q3 2021 as compared to Q3 2020 while declining 38% sequentially as compared to Q2 2021. Our worldwide revenues excluding prepaid cards grew 5% sequentially and 4% year over year in Q3 2021. US revenues grew 1.5% sequentially while EbixCash revenues excluding the pre-paid cards business grew 12% sequentially. Our RCS revenues grew 8% sequentially and 3% year over year in Q3 2021.” Robin Raina, President & CEO, Ebix Inc. said.

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Ebix EPS beats by $0.22, misses on revenue