EVERTEC

EVERTEC, Inc. engages in the provision of transaction services. It operates through the following segments: Payment Services-Puerto Rico and Caribbean, Payment Services-Latin America, Merchant Acquiring, Business Solutions, and Corporate and Other. The Payment Services segment is involved in the authorization, processing, management and recording of automated teller machines (ATM) and point of sales transactions, and ATM management and monitoring. The Merchant Acquiring segment offers services to merchants of all sizes, enabling them to accept all types of electronic payments. The Business Solutions segment consists of bank processing, network hosting and management, information technology professional services, business process outsourcing, item processing, cash processing, and fulfillment. The Corporate and Other represents corporate overhead, certain leveraged activities, other non-operating expenses, and intersegment eliminations. The company was founded in 1998 and is headquartered in San Juan, Puerto Rico.

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Earnings data Q4 2024

EVERTEC reports record revenue in 2022, eyes Latin America growth

EVERTEC's 2022 performance showcased revenue growth but faced challenges in profitability metrics like EBITDA and EPS.
The company's strategic acquisitions and focus on Latin America present opportunities for market expansion and product innovation.
Analysts' inquiries into macroeconomic factors and recent acquisitions highlight the need for continued financial diligence and strategic planning.
With a solid revenue base and a proactive approach to acquisitions, EVERTEC aims to navigate challenges and capitalize on growth opportunities in 2023.

EVERTEC reports revenue growth and strategic partnerships amidst economic challenges

EVERTEC's Q1 2023 performance showcased revenue growth and strategic partnerships driving expansion, despite challenges from inflation and slowing trends.
The company's focus on operational efficiency and margin management underscores a commitment to sustainable growth and value creation.
With an optimistic outlook for the year, EVERTEC's willingness to explore new acquisitions and geographies signals a proactive approach to seizing opportunities.

EVERTEC reports robust Q2 results, raises 2023 guidance confidently

EVERTEC's strong Q2 performance reflects operational efficiency and sustained profitability, supported by revenue growth and increased earnings per share.
While facing challenges in certain segments, the company's strategic focus on growth opportunities in Latin America and Puerto Rico positions it for future success.
With raised guidance for 2023 and expanded shareholder returns, EVERTEC demonstrates confidence in its ability to drive continued growth and value creation.
Navigating market challenges and seizing growth opportunities will be key for EVERTEC to maintain its positive momentum and deliver long-term shareholder value.

EVERTEC reports stellar Q3 results, eyes Latin America expansion

EVERTEC's Q3 performance exceeded expectations, driven by strong revenue growth and operational efficiency. The company is well-positioned for continued success with a focus on Latin America expansion and strategic acquisitions.

EVERTEC reports robust Q4 earnings, eyes strategic growth opportunities

EVERTEC's Q4 2023 performance reflects strong revenue growth and strategic acquisitions, positioning the company for continued success in key markets.
While facing potential challenges from macroeconomic factors and operational integration, EVERTEC remains focused on capital allocation and organic growth initiatives.
The outlook for 2024 appears promising, with revenue expected to increase to $844-$854 million and adjusted EPS in the range of $2.82-$2.94, signaling confidence in future growth prospects.

EVERTEC reports robust Q1 earnings, eyes growth in Brazil

EVERTEC's Q1 2024 showcased strong financial performance driven by revenue growth and margin improvement initiatives.
The company's focus on technology modernization, customer-centric strategies, and Sinqia integration positions it well for future growth.
Challenges include margin optimization, economic uncertainties, and balancing M&A opportunities with financial considerations.
Opportunities lie in pricing initiatives, leveraging Sinqia's capabilities for growth, and expanding presence in Brazil and other regions.

Evertec (EVTC) delivers stellar Q2 results, eyes sustained growth

Evertec's Q2 2024 performance reflects a strong financial trajectory, driven by revenue growth, improved profitability, and strategic debt management.
While the company faces challenges in external economic conditions and operational integration, opportunities for growth through market expansion and financial optimization are evident.
Investors should take note of Evertec's resilient performance, prudent financial strategies, and the potential for sustained growth in revenue and profitability in the foreseeable future.

EVERTEC (EVTC) posts robust Q3 results, eyes Latin America growth

EVERTEC's Q3 performance reflects strong revenue growth, operational efficiency, and strategic acquisitions driving expansion in Latin America.
While facing challenges such as cost efficiency measures and currency impacts, the company is well-positioned to capitalize on growth opportunities.
With a solid financial foundation, ongoing initiatives, and a positive outlook for 2025, EVERTEC remains focused on sustainable growth and shareholder value creation.

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SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights and Recent Highlights Revenue increased 20% to $194.6 million GAAP Net Income attributable to common shareholders was $11.5 million, or $0.17 per diluted share, a 61% decrease Adjusted EBITDA increased to $71.7 million Adjusted earnings per common share was $0.62, or a 6% decrease Clos.

EVERTEC Reports Fourth Quarter and Full Year 2023 Results

Beyond analysts' top -and-bottom-line estimates for Evertec (EVTC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

What Analyst Projections for Key Metrics Reveal About Evertec (EVTC) Q4 Earnings

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced that it will host a conference call and webcast on Wednesday, February 28, 2024 at 4:30 p.m. ET to review fourth quarter financial results. Participating on the call will be Mac Schuessler, President and Chief Executive Officer, and Joaquin Castrillo, Chief Financial Officer. A press release with fourth quarter 2023 financial results will be issued shortly after the market closes on W.

EVERTEC to Announce Fourth Quarter 2023 Financial Results on February 28, 2024

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that the Company has closed the previously announced transaction to acquire Sinqia, S.A. (“Sinqia”), a leading player in the market of software for financial services in Brazil. Mac Schuessler, President and Chief Executive Officer stated, “We are excited about the future of Evertec and Sinqia. Together we will build a full-service technology company focused on providing.

EVERTEC Closes on the Acquisition of Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil

The headline numbers for Evertec (EVTC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Evertec (EVTC) Q3 Earnings

EVERTEC, Inc. (NYSE:EVTC ) Q3 2023 Earnings Conference Call October 26, 2023 4:30 PM ET Company Participants Beatriz Brown-Sáenz - Investor Relations Mac Schuessler - President and Chief Executive Officer Joaquin Castrillo - Chief Financial Officer Conference Call Participants Vasundhara Govil - Keefe, Bruyette, & Woods, Inc. John Davis - Raymond James Nate Svensson - Deutsche Bank Bob Napoli - William Blair James Faucette - Morgan Stanley James Friedman - Susquehanna Financial Group Operator Hello, and welcome to the EVERTEC Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, today's event is being recorded.

EVERTEC, Inc. (EVTC) Q3 2023 Earnings Call Transcript

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Revenue increased 19% to $173.2 million GAAP Net Income attributable to common shareholders decreased 93% to $10.0 million and decreased 93% to $0.15 per diluted share, as the prior year included the gain from the Popular Transaction and the current year includes the loss on foreign curr.

EVERTEC Reports Third Quarter 2023 Results

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced that it will host a conference call and webcast on Thursday, October 26, 2023 at 4:30 p.m. ET to review third quarter financial results. Participating on the call will be Mac Schuessler, President and Chief Executive Officer, and Joaquin Castrillo, Chief Financial Officer. A press release with third quarter 2023 financial results will be issued shortly after the market closes on Thurs.

EVERTEC to Announce Third Quarter 2023 Financial Results on October 26, 2023

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that the transaction by which Evertec will acquire Sinqia (B3: SQIA3) (“Sinqia”), a leading player in the market of software for financial services in Brazil, received shareholder approval in the Sinqia Shareholders' meeting held today. Evertec entered into a definitive agreement to acquire Sinqia on July 20, 2023. The Company continues to work diligently to close this tr.

Evertec Announces Sinqia Stockholder Approval of Merger Transaction

Evertec has posted positive financial results so far this year, and the management team recently raised guidance for H2 23. The company is pursuing an ambitious growth strategy to diversify their geographic and product mix. Investor positioning looks positive, as Top 10 shareholders such as BlackRock have increased their stake.

Evertec: Undervalued As Momentum Continues Across Central, LatAm Markets

EVERTEC, Inc (NYSE:EVTC ) Q2 2023 Earnings Conference Call July 26, 2023 4:30 PM ET Company Participants Beatriz Brown-Sáenz - Investor Relations Mac Schuessler - President and Chief Executive Officer Joaquin Castrillo - Chief Financial Officer Conference Call Participants John Davis - Raymond James Marc Feldman - William Blair Operator Good afternoon, everyone and welcome to EVERTEC's Second Quarter 2023 Earnings Conference Call. Today's conference call is being recorded.

EVERTEC, Inc (EVTC) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Evertec (EVTC) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Evertec (EVTC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Revenue increased 4% to $167.1 million GAAP Net Income attributable to common shareholders decreased 16% to $28.2 million and decreased 9% to $0.43 per diluted share Adjusted EBITDA increased to $74.5 million and Adjusted earnings per common share increased 6% to $0.71 Share repurchases tot.

EVERTEC Reports Second Quarter 2023 Results

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) and Sinqia (B3: SQIA3) (“Sinqia”) today jointly announced a definitive agreement for Evertec to acquire Sinqia, a leading player in the market of software for financial services in Brazil for consideration with a value of R$27.19 per share, increased by a customary daily “ticking fee” of up to R$1.00 per share depending on the timing of the closing, subject to certain limited exceptions.

Evertec to Acquire Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced that it will host a conference call and webcast on Wednesday, July 26, 2023 at 4:30 p.m. ET to review second quarter financial results. Participating on the call will be Mac Schuessler, President and Chief Executive Officer, and Joaquin Castrillo, Chief Financial Officer. A press release with second quarter 2023 financial results will be issued shortly after the market closes on Wedne.

EVERTEC to Announce Second Quarter 2023 Financial Results on July 26, 2023

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) announced today that the Company's Board of Directors (the “Board”) appointed Ms. Virginia Gambale as an independent director of the Board, effective May 25, 2023. Ms. Gambale is the founder and Managing Partner of Azimuth Partners, a strategic advisory firm that develops growth, innovation and transformation strategies and planning for technology companies. Prior to founding Azimuth in 2003, she wor.

EVERTEC Appoints Virginia Gambale to Board of Directors

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EVERTEC, Inc. (EVTC) Q1 2023 Results - Earnings Call Transcript.

EVERTEC, Inc. (EVTC) Q1 2023 Results - Earnings Call Transcript

The headline numbers for Evertec (EVTC) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Evertec (EVTC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Evertec (EVTC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.70 per share a year ago.

Evertec (EVTC) Surpasses Q1 Earnings and Revenue Estimates

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Revenue increased 6% to $159.8 million GAAP Net Income attributable to common shareholders decreased 23% to $30.1 million and decreased 13% to $0.46 per diluted share Adjusted EBITDA decreased 8% to $67.1 million and Adjusted earnings per common share increased 5% to $0.69 Share repurchases.

EVERTEC Reports First Quarter 2023 Results

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced that it will host a conference call and webcast on Wednesday, April 26, 2023 at 4:30 p.m. ET to review first quarter financial results. Participating on the call will be Mac Schuessler, President and Chief Executive Officer, and Joaquin Castrillo, Chief Financial Officer.

EVERTEC to Announce First Quarter 2023 Financial Results on April 26, 2023

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced the appointment of Alberto López Gaffney as Executive Vice President of Corporate Development, effective on March 20th. Mr. Lopez Gaffney will lead the Company's global corporate development efforts. Mac Schuessler, President, and Chief Executive Officer stated, “I am excited to welcome Alberto to Evertec.

EVERTEC Announces Appointment of Executive Vice President of Corporate Development

EVERTEC, Inc. reported its Q4 2022 financial results on February 22, 2023. The firm provides an array of payment processing services for the regions of Central and South America.

Evertec Faces Services Inflation And Emerging Market Uncertainties

EVERTEC, Inc. (NYSE:EVTC ) Q4 2022 Results Conference Call February 22, 2023 4:30 PM ET Company Participants Kevin Hunt - IR Mac Schuessler - President and CEO Joaquin Castrillo - CFO Conference Call Participants Bob Napoli - William Blair James Faucette - Morgan Stanley Madison Suhr - Raymond James James Friedman - Susquehanna Operator Good afternoon, everyone, and welcome to EVERTEC's Fourth Quarter and Full Year 2022 Conference Call. Today's conference call is being recorded.

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