News & Videos - EBIX INC.

EBIX EXITS CHAPTER 11 AND IS DEBT FREE WORLDWIDE NOW PR Newswire JOHNS CREEK, Ga., Sept. 4, 2024 JOHNS CREEK, Ga. , Sept. 4, 2024 /PRNewswire/ -- Ebix Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that it has successfully completed its Chapter 11 restructuring process and has emerged as a financially and operationally stronger company that is well-positioned for the future....

JOHNS CREEK, Ga., April 01, 2024 (GLOBE NEWSWIRE) -- Ebix, Inc. (OTC: EBIXQ) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that the Securities and Exchange Commission (SEC) has concluded its investigation of Ebix and officially communicated that it does not intend to recommend an enforcement action by the SEC against Ebix. This non-public investigation was carried out by the SEC...

Retains Dominant Leadership Role in Foreign Exchange, Inward and Education Money Remittance Sectors Addition of five international airports with presence now across 25 international airports. Launches UPI Handle to Facilitate Seamless Digital Transactions countrywide NOIDA, India, Jan. 08, 2024 (GLOBE NEWSWIRE) -- EbixCash Limited, a subsidiary of Ebix, Inc. (OTC: EBIXQ), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and...

JOHNS CREEK, Ga., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Ebix, Inc. (OTC: EBIXQ), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that its Annuity Exchange AN4 has reported record volumes in the last quarter of 2023, besides reporting a record performance for the full year of 2023. Ebix’s AN4 Annuity exchange is an integral key part of Ebix’s North America Life & Annuity Division,...

Ebix Reaches "Stalking Horse" Sale Agreement for Life Insurance and Annuity Business with Zinnia to Ensure Successful Recapitalization Efforts PR Newswire JOHNS CREEK, Ga., Dec. 18, 2023 Company Continues to Have Robust Worldwide Operations and Strong Fundamentals Secures New Financing to Support Restructuring Process Proposed Transaction Provides Ongoing Stability for the Insurance Industry, Ensuring Continued World Class Delivery for Clients JOHNS CREEK, Ga. , Dec. 18, 2023 /PRNewswire/ --...

JOHNS CREEK, Ga., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries today announced the following results for the quarter ended September 30, 2023: Q3 2023 GAAP Revenues of $119.2 million, with 1.1% Year-over-Year decline vs. Q3 2022 Non-GAAP Revenues of $120.5 million (with all revenues normalized on a net basis). On a GAAP...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ebix, Inc. - EBIX PR Newswire NEW YORK, Nov. 3, 2023 NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ebix, Inc. ("Ebix" or the "Company") (NASDAQ: EBIX). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether Ebix and certain of its officers and/or directors have...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ebix, Inc. - EBIX PR Newswire NEW YORK, Oct. 25, 2023 NEW YORK , Oct. 25, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ebix, Inc. ("Ebix" or the "Company") (NASDAQ: EBIX). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether Ebix and certain of its officers and/or directors have...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ebix, Inc. - EBIX PR Newswire NEW YORK, Oct. 17, 2023 NEW YORK , Oct. 17, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ebix, Inc. ("Ebix" or the "Company") (NASDAQ: EBIX). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether Ebix and certain of its officers and/or directors have...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ebix, Inc. - EBIX PR Newswire NEW YORK, Oct. 9, 2023 NEW YORK , Oct. 9, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ebix, Inc. ("Ebix" or the "Company") (NASDAQ: EBIX). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether Ebix and certain of its officers and/or directors have...

JOHNS CREEK, Ga., Oct. 02, 2023 (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, announced that it has signed an agreement with its Lenders, providing for a further period until November 15, 2023 for repayment of certain obligations under its Credit Facility, subject to certain conditions, while the Company pursues strategic alternatives. The Agreement...

JOHNS CREEK, Ga., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries today announced the following results for the quarter ended June 30, 2023: Q2 2023 Revenues of $118.4 million, with 3.1% Year-over-Year growth vs. Q2 2022 Non-GAAP Revenues of $114.9 million (with all revenues normalized on a net basis). On a GAAP basis, Q2...

JOHNS CREEK, Ga., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries, today announced that it will release second quarter 2023 results before the market’s opening on August 9, 2023 but will not host an investor call that day in view of disclosure requirements in our international jurisdictions. The company anticipates this...

JOHNS CREEK, Ga., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries, today announced that the Company will report its 2023 second quarter results on Wednesday, August 9, 2023, 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....

JOHNS CREEK, Ga., July 27, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: Ebix), today issued an informational release declaring that the plaintiffs in two cases in the United States District Court for the Northern District of Georgia and Superior Court of Fulton County State of Georgia voluntarily dismissed their claims without prejudice. Those cases are respectively captioned Lilienfeld v. Raina, et al. and Shah v. Raina, et al. Previously on July 17, 2023, the United States District Court...

JOHNS CREEK, Ga., July 18, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: Ebix), today issued an informational release declaring that the United States Southern District Court State of New York (SDNY) yesterday issued a formal ruling in the matter of Ebix, Inc. (“Ebix”) vs. Rahul Saraf (the “Plaintiff”) and dismissed the class action securities suit against Ebix. The District Court also denied the Plantiff’s request to file new amended claims, after reviewing the previous three...

JOHNS CREEK, Ga., July 15, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: Ebix), today issued an informational release with a few clarifications and updates to the previously issued strategic update release on July 14, 2023. Ebix clarified that the term “restated” financial information refers to Consolidated Financial Information to be presented in Offer Documents, inter alia , for Public Issues in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure...

JOHNS CREEK, Ga., July 14, 2023 (GLOBE NEWSWIRE) -- Updated Release with a few clarifications - Ebix, Inc. (NASDAQ: Ebix), today issued an informational release with a few clarifications and updates to the previously issued strategic update release on July 6 th , 2023. A. The Company reminded investors that the term investment advisory in the July 6 th 2023 release should not be construed as “ Investment Advice” and should be read only as a simplified disclosure pertaining to relevant...

JOHNS CREEK, Ga., July 06, 2023 (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 provided a strategic update, detailing the multiple paths it is pursuing to achieve the stated aspirational goal of being a debt-free company in 2023. The Company declared a multi-pronged plan towards achieving the aspirational goal – The Company announced that it...

JOHNS CREEK, Ga., May 24, 2023 (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, announced that it has signed an amendment (“Amendment No. 14”) to its existing credit agreement, extending the maturity date to September 30, 2023. Amendment No. 14 provides for, among other things, an extension of the maturity date for both the revolving line of...