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Ebix Inc (EBIX.OQ)

EBIX.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Yatra Online Enters Into Mutual Confidentiality Agreement With Ebix To Further Consider Ebix's Proposal
Friday, 15 Mar 2019 

Yatra Online Inc ::YATRA ONLINE ENTERS INTO MUTUAL CONFIDENTIALITY AGREEMENT WITH EBIX TO FURTHER CONSIDER EBIX'S PROPOSAL.YATRA ONLINE INC - ENTERED INTO CONFIDENTIALITY AGREEMENT SO CO CAN FURTHER REVIEW, CONSIDER EBIX'S PROPOSAL MADE ON MARCH 11, 2019 TO ACQUIRE CO.  Full Article

Ebix Reports Q4 Adjusted Earnings Per Share Of $1.06
Friday, 1 Mar 2019 

March 1 (Reuters) - Ebix Inc ::EBIX REPORTS 2018 REVENUE ROSE 37% TO A RECORD $497.8M, WITH FULL YEAR OPERATING INCOME RISING 35% TO A RECORD $153M.Q4 NON-GAAP EARNINGS PER SHARE $1.06.Q4 GAAP EARNINGS PER SHARE $0.27.Q4 EARNINGS PER SHARE ESTIMATE $0.95 -- REFINITIV IBES DATA.CONSOLIDATED AUDITORS CONCLUDED THAT CO SUCCESSFULLY REMEDIATED WEAKNESS IN ITS INTERNAL CONTROL IN CERTAIN AREAS AS OF DEC. 31, 2018."TO TARGET OVER $600 MILLION IN REVENUE IN 2019".QTRLY TOTAL REVENUE $136.3 MILLION VERSUS $104.7 MILLION.  Full Article

Ebixcash'S Travel Divisions Report Cumulative GMV Of about $1.16 Billion
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Ebix Inc ::EBIXCASH’S TRAVEL DIVISIONS REPORT CUMULATIVE GMV OF INR 8,100+ CRORES ($1.16 BILLION), WITH THE ACQUISITION OF TWO COMPANIES - PEARL INTERNATIONAL AND LAWSON TRAVELS.EBIX INC - TWO COMPANIES CUMULATIVELY CONDUCT A GROSS MERCHANDISE VALUE (GMV) OF APPROXIMATELY $140 MILLION.EBIX INC - EBIX EXPECTS ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO ITS EARNINGS..EBIX INC - FUNDED ACQUISITION USING ITS INTERNAL CASH RESERVES AND DID NOT USE ANY INVESTMENT BANKERS FOR TRANSACTION.  Full Article

EbixCash Acquires Weizmann Forex Limited
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Ebix Inc ::EBIXCASH ACQUIRES WEIZMANN FOREX LIMITED (BSE:WEIZFOREX) AND STRENGTHENS LEADERSHIP POSITION IN INDIA’S FOREIGN EXCHANGE AND REMITTANCE MARKETS.EBIX INC - PURCHASE VALUES 100% OF WEIZMANN FOREX AT $65.94 MILLION.EBIX INC - WILL BE FUNDING ENTIRE TRANSACTION IN CASH, USING ITS EXISTING BANK LINE AND INTERNAL CASH RESERVES.EBIX INC - EBIX EXPECTS ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO ITS EARNINGS.EBIX INC - WEIZMANN WILL BE INTEGRATED INTO EBIXCASH FINANCIAL EXCHANGE OFFERING IN INDIA AND ABROAD..EBIX INC - MADE A PUBLIC OFFER TO ACQUIRE REMAINING 25.16% PUBLICLY-HELD WEIZMANN FOREX SHARES FOR INR 528 ($7.54) PER SHARE.EBIX - EXPECTS WEIZMANN DEAL, ONCE INTEGRATED WITHIN ABOUT 6 MONTHS, TO CONTRIBUTE AT LEAST 15 CENTS/SHARE IN ADDITIONAL EPS OVER 12-MONTH PERIOD.EBIX INC - EBIXCASH WORLD MONEY TO ACQUIRE A 74.84% CONTROLLING STAKE IN INDIA BASED WEIZMANN FOREX LIMITED.  Full Article

Ebix's Bus Exchange Division Wins Order For End-To-End Transport Management System
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Ebix Inc ::EBIX’S BUS EXCHANGE DIVISION WINS ORDER TO BUILD-OWN-OPERATE AN END-TO-END TRANSPORT MANAGEMENT SYSTEM FOR 5 YEARS.EBIX INC - EBIX CHOSE NOT TO DISCLOSE NAME OF CLIENT INVOLVED.EBIX INC - GOT ORDER TO DEPLOY BUS EXCHANGE SOLUTION FOR ESTIMATED COUNT OF ABOUT 300 MILLION PASSENGERS TRAVELLING ANNUALLY IN INDIA.  Full Article

Ebix CEO Decides To Take Salary In Ebix Stock Instead Of Cash
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Ebix Inc ::EBIX CEO DECIDES TO TAKE SALARY IN EBIX STOCK INSTEAD OF CASH, BESIDES THE COMPANY COMMENCING PURCHASE OF EBIX STOCK UNDER A NEW $100 MILLION REPURCHASE COMMITMENT OVER THE NEXT 6 TO 12 MONTHS PERIOD.EBIX - CEO WILL GET STOCK INSTEAD OF CASH FOR A TIME, UNTIL STOCK PRICE IS $150/SHARE OR THE ECONOMIC EQUIVALENT AS ADJUSTED FOR FUTURE CORPORATE ACTIONS.  Full Article

Ebix Wins Coveted Contract To Deploy Its Forex Exchange Services At Dubai International Airport
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Ebix Inc ::EBIX WINS COVETED CONTRACT TO DEPLOY ITS FOREX EXCHANGE SERVICES AT WORLD’S BUSIEST AIRPORT - DUBAI INTERNATIONAL AIRPORT.EBIX INC - DUBAI INTERNATIONAL AIRPORT HAS SELECTED EBIX TO DEPLOY FOREX EXCHANGE SERVICES AT TWO OF ITS AIRPORT TERMINALS.  Full Article

Ebixcash Acquires 67 pct stake in Routier
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Ebix Inc ::EBIXCASH ACQUIRES ROUTIER, A PIONEERING B2B MARKETPLACE FOR TRUCKING LOGISTICS IN INDIA.EBIX INC - ONE OF ITS INDIA-BASED EBIXCASH SUBSIDIARIES HAS ACQUIRED A 67 PERCENT STAKE IN ROUTIER.  Full Article

Ebixcash Acquires Assets Of Business Travels Group
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Ebix Inc ::EBIXCASH ACQUIRES ASSETS OF BUSINESS TRAVELS GROUP AND APPOINTS TRAVEL INDUSTRY VETERAN PRAVEEN CHUGH AS CHIEF OPERATING OFFICER OF VIA AGENCY SALES.EBIX INC - CONSIDERS SIZE OF BUSINESS TRAVELS ASSETS ACQUISITION IMMATERIAL AND THUS DID NOT DISCLOSE FINANCIAL DETAILS OF TRANSACTION.EBIX - EBIX FUNDED TRANSACTION THROUGH INTERNAL SOURCES USING ITS OWN CASH RESERVES.EBIX INC - NO EBIX SHARES WERE ISSUED AND NO INVESTMENT BANKERS WERE INVOLVED IN TRANSACTION.EBIX INC - EBIXCASH ANNOUNCED NUMBER OF KEY INITIATIVES AS A PART OF ITS PLANS TO GROW ITS VIA TRAVEL BUSINESS.  Full Article

Ebix Reports Q1 Revenue Of $108.2 Mln Versus $79.1 Mln
Wednesday, 9 May 2018 

May 9 (Reuters) - Ebix Inc ::EBIX Q1 REVENUES ROSE 36.8% TO RECORD $108.2M, OPERATING INCOME ROSE 31.9% TO $33.9M, EPS UNCHANGED AT $0.83.Q1 REVENUE $108.2 MILLION VERSUS $79.1 MILLION.FACED HEAD WINDS IN Q1 2018 THAT IMPACTED SEQUENTIAL REVENUE COMPARISON WITH Q4 2017 BY $5 MILLION.  Full Article

Deals of the day-Mergers and acquisitions

March 11 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: