EVO Payments to Release Third Quarter 2022 Financial Results

Rhea-AI Summary

EVO Payments, Inc. (NASDAQ: EVOP) will announce its third quarter 2022 financial results on November 2, 2022, after market close. Following its merger agreement with Global Payments, which offers $34.00 per share, EVO's enterprise value is set at $4.0 billion. Due to this merger, EVO will not conduct a conference call for the financial results. As a global provider of payment technology, EVO serves merchants in over 50 markets and 150 currencies, delivering innovative payment solutions that enhance business growth and customer loyalty.

Positive

• Merger agreement with Global Payments at $34.00 per share, valuing EVO at $4.0 billion.

Negative

• No conference call or webcast for Q3 2022 financial results due to the merger.

ATLANTA--(BUSINESS WIRE)-- EVO Payments, Inc. (NASDAQ:EVOP), a leading global provider of payment technology integrations and acquiring solutions, will release its third quarter 2022 financial results after the market closes on Wednesday, November 2, 2022.

EVO Acquisition by Global Payments

• On August, 1, 2022, EVO and Global Payments, Inc. (“Global Payments”) announced that they have entered into a definitive merger agreement under which Global Payments will acquire EVO for $34.00 per share in cash in a transaction that represents an enterprise value for EVO of $4.0 billion. The press release announcing the transaction is available on the Investor Relations section of EVO’s website.
• In light of the announced transaction, EVO will not host a conference call or webcast to review the third quarter 2022 financial results.

About EVO Payments, Inc.

EVO Payments, Inc. (NASDAQ: EVOP) is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across the globe. As a fully integrated merchant acquirer and payment processor in over 50 markets and 150 currencies worldwide, EVO provides competitive solutions that promote business growth, increase customer loyalty, and enhance data security in the international markets it serves.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221019005171/en/

Sarah Jane Schneider

Investor Relations & Corporate Communications Manager

770-709-7365

investor.relations@evopayments.com

Source: EVO Payments, Inc.

FAQ

When will EVO Payments release its Q3 2022 financial results?

EVO Payments will release its Q3 2022 financial results on November 2, 2022, after market close.

What is the acquisition price of EVO Payments by Global Payments?

Global Payments is acquiring EVO Payments for $34.00 per share.

What is the total enterprise value of EVO Payments in the merger?

The enterprise value of EVO Payments in the merger with Global Payments is $4.0 billion.

Will there be a conference call for the Q3 2022 financial results?

No, EVO Payments will not host a conference call or webcast for the Q3 2022 financial results due to the merger.