Ebix (EBIXQ) has shared an update.
Ebix, Inc. and its subsidiaries, currently navigating through Chapter 11 bankruptcy, operate under court supervision while maintaining business operations. In March 2024, they filed monthly operating reports, cautioning investors against basing investment decisions on these non-GAAP, unaudited reports. These preliminary reports, subject to adjustments, may not reflect the company’s actual financial position. The company advises stakeholders of potential risks and uncertainties during this period, including operational and legal challenges that may impact their financial condition and business relationships.
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