Welcome to our dedicated page for Evertec news (Ticker: EVTC), a resource for investors and traders seeking the latest updates and insights on Evertec stock.
Evertec Inc (EVTC) is a leading provider of transaction processing solutions across Latin America, powering secure payment systems and banking infrastructure for financial institutions, merchants, and governments. This dedicated news hub offers investors and industry professionals timely access to official announcements and strategic developments.
Track critical updates including quarterly earnings reports, technology partnerships, regulatory compliance changes, and market expansion initiatives. Our curated collection ensures transparent access to press releases covering payment processing innovations, merchant acquiring services, and advancements in core banking solutions.
Key updates include new product launches across Evertec's ATH network, strategic collaborations enhancing financial technology ecosystems, and operational milestones in cash processing efficiency. Bookmark this page for streamlined monitoring of EVTC's evolving role in shaping Latin America's digital payment landscape.
EVERTEC (NYSE: EVTC) has scheduled its First Quarter 2025 Financial Results announcement for May 7, 2025. The company will host a conference call and webcast at 4:30 p.m. ET on the same day, featuring President and CEO Mac Schuessler and CFO Joaquin Castrillo.
The earnings release will be issued shortly after market close. Investors can join the conference call by dialing (888) 338-7153 for domestic calls or (412) 317-5117 for international participants. A replay will be available until May 14, 2025, accessible via (877) 344-7529 or (412) 317-0088 with pin number 9312814. The webcast will be available on the company's website under the Investor Relations section.
EVERTEC (NYSE: EVTC) reported strong financial results for Q4 and full year 2024. Fourth quarter revenue increased 11% to $216.4 million, with GAAP Net Income rising 249% to $40.1 million ($0.62 per diluted share). Adjusted EBITDA grew 24% to $88.6 million.
Full year 2024 highlights include:
- Revenue growth of 22% to $845.5 million
- GAAP Net Income of $112.6 million ($1.73 per diluted share)
- Adjusted EBITDA of $340.2 million, up 17%
- $95.2 million returned to shareholders through repurchases and dividends
The company completed strategic acquisitions of Nubity and Grandata, and executed a $70 million accelerated share repurchase program. For 2025, EVERTEC projects revenue between $889-899 million and adjusted EPS of $3.34-$3.45.
EVERTEC (NYSE: EVTC) has announced that its Board of Directors has declared a regular quarterly dividend of $0.05 per share. The dividend will be paid on March 21, 2025 to stockholders of record as of March 3, 2025. The Board made this declaration on February 20, 2025, and anticipates continuing these regular quarterly dividend payments in future quarters, subject to Board approval and potential adjustments based on business needs or market conditions.
EVERTEC (NYSE: EVTC) has scheduled its fourth quarter 2024 financial results announcement for February 26, 2025. The company will host a conference call and webcast at 4:30 p.m. ET on the same day, featuring President and CEO Mac Schuessler and CFO Joaquin Castrillo. The financial results press release will be issued shortly after market close.
Investors can access the conference call by dialing (888) 338-7153 for domestic calls or (412) 317-5117 for international calls. A replay will be available until March 5, 2025, accessible via (877) 344-7529 or (412) 317-0088 with pin number 1193493. The webcast will be available on EVERTEC's website under the Investor Relations section.
EVERTEC (NYSE: EVTC) reported strong third quarter 2024 results. Revenue rose 22% to $211.8 million, driven by organic growth and the Sinqia acquisition. GAAP Net Income surged 146% to $24.7 million, or $0.38 per diluted share. Adjusted EBITDA increased 11% to $87.4 million, while Adjusted EPS grew 8% to $0.86. The company repurchased $12.3 million in shares and completed the acquisition of Grandata on October 30, 2024. 2024 Outlook projects revenue between $841 million and $847 million, with Adjusted EPS between $3.08 and $3.15.
Segment-wise, Merchant acquiring revenue benefited from improved spread and sales volume growth. Payments Puerto Rico saw growth in ATH Movil Business and Latin America revenue was bolstered by the Sinqia acquisition and organic growth. Increased operating expenses were noted, including higher personnel costs, cloud services, professional fees, and interest expenses due to incremental debt from the Sinqia acquisition.
EVERTEC (NYSE: EVTC) has scheduled its Third Quarter 2024 financial results announcement for November 6, 2024. The company will host a conference call and webcast at 4:30 p.m. ET on the same day. President and CEO Mac Schuessler and CFO Joaquin Castrillo will lead the call. The financial results press release will be issued after market close. Investors can join via phone at (888) 338-7153 (US) or (412) 317-5117 (international), with replay available until November 13, 2024. A live webcast will be accessible through the company's website.
EVERTEC, Inc. (NYSE: EVTC) has announced a regular quarterly dividend of $0.05 per share. The dividend was declared by the company's Board of Directors on October 17, 2024, and will be paid on December 6, 2024 to stockholders of record as of October 28, 2024. The Board anticipates declaring this dividend in future quarters on a regular basis, subject to approval and potential adjustments based on business needs or market conditions.
EVERTEC (NYSE: EVTC) reported strong Q2 2024 results, with revenue increasing 27% to $212.0 million. GAAP Net Income attributable to common shareholders rose 13% to $31.9 million ($0.49 per diluted share). Adjusted EBITDA grew 16% to $86.1 million, while Adjusted earnings per share increased 17% to $0.83.
The company completed an accelerated share repurchase transaction on July 9, 2024. EVERTEC's 2024 outlook projects total consolidated revenue between $846-854 million (22-23% growth) and Adjusted EPS between $2.98-$3.07 (6-9% growth). The effective tax rate is expected to be approximately 5%.
Growth was driven by the Sinqia acquisition and organic expansion across all segments, particularly in Puerto Rico and Latin America. However, the Adjusted EBITDA margin decreased by 400 basis points due to Sinqia's lower margin contribution.
EVERTEC (NYSE: EVTC) has announced a regular quarterly dividend of $0.05 per share. The dividend was declared on July 18, 2024, and will be paid on September 6, 2024 to stockholders of record as of July 29, 2024. The company's Board of Directors anticipates declaring this dividend in future quarters on a regular basis, subject to approval and potential adjustments based on business needs or market conditions.
EVERTEC (NYSE: EVTC) has announced its plans to release second quarter 2024 financial results on July 31, 2024. The company will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results. Mac Schuessler, President and CEO, and Joaquin Castrillo, CFO, will participate in the call. Investors can access the call via phone or webcast through the company's website. A replay will be available until August 7, 2024. This announcement provides an opportunity for investors and analysts to gain insights into EVERTEC's financial performance and future outlook.
