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Ebix reports $4.27 million net loss for January
By Sarah Lizee
Olympia, Wash., Feb. 22 – Ebix, Inc. reported a $4.27 million net loss for January on $11.03 million gross income/sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Northern District of Texas.
The cash balance at the end of the month was $23.47 million.
Ebix is a Johns Creek, Ga.-based international supplier of on-demand software and e-commerce services to the insurance, financial, health care and e-learning industries. The company filed bankruptcy on Dec. 17 under Chapter 11 case number 23-80004.
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