Ebix Issues Advisory as Regards Coronavirus Impact on its Business
Ebix, Inc. (EBIX)
Last ebix, inc. earnings: 3/1 08:21 am
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Source: GlobeNewswire
JOHNS CREEK, Ga., Feb. 27, 2020 (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 declared the possible range of impact of the Corona virus on its business. The Company declared that the primary businesses that could be impacted by the virus are travel and forex. Accordingly, the Company expects that the impact of the virus on its business is likely to be minimal. The Company also said that it expects worldwide annual revenue impact of the virus, to be in the range of less than 1% while the annual income impact could be in the range of less than 1.5% 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
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