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EVOP - EVOP STOCK NEWS

Welcome to our dedicated page for EVOP news (Ticker: EVOP), a resource for investors and traders seeking the latest updates and insights on EVOP stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EVOP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EVOP's position in the market.

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EVO Payments, Inc. (NASDAQ: EVOP) reported strong financial results for Q4 and full-year 2021. Q4 revenue grew by 14% to $133.2 million, while full-year revenue increased by 13% to $496.6 million. Net income for Q4 was $6.6 million, up from $3.9 million, and for the full year, net income reached $17.7 million, a turnaround from a loss of $4.2 million in 2020. Adjusted EBITDA for Q4 and 2021 saw increases of 12% and 21%, respectively. For 2022, EVO expects revenue of $550-$560 million and net income between $47-$54 million, reflecting continued growth.

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EVO Payments, Inc. (NASDAQ: EVOP) will release its financial results for the fourth quarter and full year 2021 on February 23, 2022, before market opening. An executive conference call will be held at 8:00 a.m. ET, providing insights into the results. The call can be accessed via phone or through a live webcast on their official website. EVO is known for its payment technology and services, supporting businesses globally with innovative solutions across multiple currencies.

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EVO Payments, Inc. (NASDAQ: EVOP) has announced a strategic marketing alliance with the National Bank of Greece (NBG) to enhance merchant acquiring and payment processing services. EVO will acquire a 51% stake in a new joint venture formed from NBG's merchant acquiring business for €158 million (approximately $180 million). This partnership capitalizes on Greece's growing digital payments market, with card penetration at 28% and domestic payment volumes exceeding $40 billion. The joint venture aims for mid-teen revenue growth and is expected to close in 2022, pending regulatory approvals.

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EVO Payments, Inc. (NASDAQ: EVOP) announced an extension of its exclusive referral relationship with Bank of Ireland for merchant acquiring services in Ireland and Northern Ireland. The alliance, formed in 2014, continues to enhance payment solutions for merchants, leveraging EVO's expertise and Bank of Ireland's extensive customer base. Both organizations express satisfaction with the partnership's success and aim to further improve digital payment acceptance.

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EVO Payments, Inc. (NASDAQ: EVOP) has entered a global agreement with Oracle to enhance payment technology for hospitality and retail merchants. This agreement allows EVO to integrate Oracle's enterprise payment solutions, specifically the Oracle Payments Interface (OPI), thereby offering services to existing Oracle customers. The integration will provide access to Oracle's point-of-sale software, such as Xstore, Simphony, and Opera, enabling a seamless payment experience and expanding EVO's merchant base. This strategic partnership aims to increase functionality and target new payment acceptance opportunities.

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EVO Payments, Inc. (NASDAQ: EVOP) announced that CEO James G. Kelly will present virtually at the Citi 2021 Financial Technology Conference on Thursday, November 18, 2021, at 9:00 a.m. EST. The event will be available via live webcast from the investor relations section of EVO’s website. Following the presentation, a recording will be archived for later viewing. EVO Payments is a global provider of payment technology and services, operating in over 50 markets and supporting 150 currencies, offering secure and innovative solutions to businesses of all sizes.

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EVO Payments, Inc. (NASDAQ: EVOP) reported a strong third quarter for 2021, achieving $135.0 million in revenue, a 15% increase year-over-year. Adjusted EBITDA rose 27% to $51.4 million. Despite a drop in net income to $7.1 million from $14.6 million due to investment fluctuations, the company expects full-year revenue between $496 million and $498 million, reflecting 13%-14% growth compared to 2020. The outlook for adjusted EBITDA suggests growth of 20%-22% over last year's results.

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EVO Payments, Inc. (NASDAQ: EVOP) has appointed Nikki Harland to its Board of Directors, effective March 1, 2022. Harland, currently the COO of Paradies Lagardère, brings robust leadership experience and operational efficiency skills from her previous roles at major companies, including Gap and Toys 'R' Us. The Board Chairman, Ray Sidhom, expressed enthusiasm about her impact on business growth and shareholder value. EVO Payments is recognized for its secure payment solutions across over 50 markets globally.

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EVO Payments, Inc. (NASDAQ:EVOP) will release its third quarter 2021 financial results on November 3, 2021, before the market opens. The company will host a conference call for investors at 8:00 a.m. Eastern Time on the same day to discuss the results. Evo Payments, a global provider of payment technology, operates in over 50 markets and supports transactions in 150 currencies. Their solutions cater to a diverse clientele, from small businesses to multinational corporations, aiming to enhance growth and customer loyalty.

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EVO Payments, Inc. (NASDAQ: EVOP) reported strong Q2 2021 results with revenues of $122.2 million, up 30% year-over-year. Net income was $6.8 million, a turnaround from a $9.0 million loss in the previous year. Adjusted EBITDA increased 42% to $42.8 million. For the first half of 2021, revenue grew 11% to $228.4 million, and net income reached $4.0 million from a loss of $22.6 million in H1 2020. The company expects 2021 GAAP revenue between $487 million and $496 million, reflecting 11% to 13% growth.

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FAQ

What is the market cap of EVOP (EVOP)?

The market cap of EVOP (EVOP) is approximately 3.0B.

EVOP

Nasdaq:EVOP

EVOP Rankings

EVOP Stock Data

3.00B
47.09M
1.6%
109.23%
6.36%
Software—Infrastructure
Technology
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United States
Atlanta