EVOP - EVOP STOCK NEWS

BOI Payment Acceptance (BOIPA) has partnered with Premier Lotteries Ireland DAC (PLI) to enhance eCommerce payments for the Irish National Lottery. BOIPA will supply the necessary payment gateway technology for processing online payments across all digital platforms. Asta Lund of PLI highlighted the growing significance of digital channels for their business, emphasizing the commitment to responsible gaming. BOIPA's managing director, Brian Cleary, stated the partnership will enable PLI to develop superior online games and strengthen their online customer base.

EVO Payments, Inc. (NASDAQ: EVOP) announced its acquisition of Anderson Zaks Limited, a UK-based omnichannel payment gateway. This strategic move aims to enhance EVO's payment capabilities and expand its Independent Software Vendor (ISV) network across the UK and Europe. Anderson Zaks, established in 1997, serves various key retail sectors and provides card acceptance solutions, notably for large music, cultural, and sporting events. The acquisition is expected to improve the payments experience for EVO's merchants, although financial terms were not disclosed.

EVO Payments (NASDAQ:EVOP) will unveil its second quarter 2021 financial results on August 4, 2021, before market opening. Management will conduct a conference call at 8:00 a.m. Eastern Time to discuss these results with investors. Participants can register through the investor relations section on EVO's website. EVO Payments is recognized for its comprehensive payment technology and services, catering to a diverse clientele from small businesses to large corporations, operating in over 50 markets globally.

EVO Payments launched EVO ACH, a new service enabling merchants to process debit payments directly from customers' bank accounts. Integrated with EVO's PayFabric, the ACH service offers a seamless experience for mail, telephone, eCommerce, and subscription orders. Brendan Tansill, President of the Americas, highlighted the benefits of reduced friction, timely payments, and lower administrative costs for merchants. EVO, a leading payment technology provider, is positioned in over 50 markets, enhancing its digital payment offerings significantly.

EVO Payments, Inc. (NASDAQ: EVOP) has agreed to acquire Pago Fácil, a prominent eCommerce payment gateway in Chile, through its joint venture with Bci. This acquisition brings approximately 3,000 merchants to the JV, enhancing EVO's integrated payment solutions. Founded in 2018, Pago Fácil specializes in digital payment solutions, including eCommerce software integrations. The deal is expected to close in early June and aims to strengthen EVO’s market position and expand its services throughout Latin America.

EVO Payments, Inc. (NASDAQ: EVOP) has launched its joint venture with Banco de Crédito e Inversiones (Bci) in Chile, known as Bci Pagos, following approval from the Comisién Para el Mercado Financiero. This strategic partnership aims to leverage Bci's extensive customer base and branch network alongside EVO's payment technology expertise to capture market share in Chile. CEO James G. Kelly expressed confidence in the venture's potential to deliver innovative global payment solutions.

EVO Payments, Inc. (NASDAQ: EVOP) announced its participation in several upcoming virtual investor conferences. Chief Financial Officer Thomas E. Panther will present at the Barclays Emerging Payments Forum on May 19, 2021, at 2:00 p.m. EDT. CEO James G. Kelly will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 26, 2021, at 5:10 p.m. EDT. Additional presentations will be made by President Darren Wilson and President Brendan F. Tansill at conferences on June 1 and June 2, respectively. Live webcasts and recordings will be available on the investor relations section of EVO's website.

EVO Payments reported a 4% decline in revenue for Q1 2021, totaling $106.2 million, while a net loss improved to $2.8 million from $13.6 million. Adjusted EBITDA rose 7% to $33.7 million. Despite pandemic impacts, CEO James G. Kelly noted recovery in economic activity and card usage, positioning the Company for growth through M&A and organic strategies. For the full year, GAAP revenue is projected between $483 million and $491 million, with expected net income of $16 million to $24 million and adjusted EBITDA growth of 16% to 20%.

EVO Payments, Inc. (NASDAQ: EVOP) has announced a leadership transition, effective October 1, 2021. Steven de Groot will shift from Executive Vice President and General Counsel to Special Counsel to the CEO. Kelli Sterrett, previously Senior Vice President and Deputy General Counsel, will succeed him. CEO James G. Kelly praised de Groot's decade-long tenure, during which he guided nearly 30 acquisitions and was pivotal in the company's growth as a global payments provider. Sterrett, with extensive legal experience, is expected to drive continued strategic initiatives.