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, Inc. (NYSE: EVTC) announced that CEO Mac Schuessler and CFO Joaquin Castrillo will present at the 41st Annual William Blair Growth Stock Conference on June 1, 2021, at 2:20 p.m. ET. The event will be available for live streaming via the company's investor relations website. EVERTEC is a prominent transaction processing company operating in Puerto Rico, the Caribbean, and Latin America, processing over two billion transactions annually and managing the ATH® network for PIN debit transactions.
EVERTEC, Inc. (NYSE: EVTC) announced key management changes, appointing Diego Viglianco as Chief Operating Officer and Philip Steurer, formerly COO, as Chief Strategy Officer. CEO Mac Schuessler expressed optimism about these changes, highlighting Viglianco's extensive experience in Latin American payments and Steurer's deep industry knowledge since joining Evertec in 2012. With over two billion transactions processed annually, Evertec continues to enhance its leadership as it aims to align product strategy and seize market opportunities in Latin America and the Caribbean.
Evertec announced a strong financial performance for Q1 2021, with a 14% revenue increase to $139.5 million. GAAP Net Income rose to $35.5 million, or $0.49 per diluted share, marking a substantial improvement from the previous year. Adjusted EBITDA surged by 22% to $68.9 million, reflecting a margin increase of 320 basis points. The company also repurchased $14.3 million in shares. Given strong results and market conditions, Evertec revised its 2021 outlook to project revenue between $543 million and $552 million.
EVERTEC, Inc. (NYSE: EVTC) announced a quarterly dividend of $0.05 per share on April 22, 2021, payable on June 4, 2021, to stockholders of record as of May 3, 2021. The Board expressed intentions to continue this dividend in the future, subject to adjustments based on business needs and market conditions. EVERTEC operates as a leading transaction processing business in Puerto Rico, the Caribbean, and Latin America, facilitating approximately three billion transactions annually across various payment services.
EVERTEC, Inc. (NYSE: EVTC) will host a conference call on April 29, 2021, at 4:30 p.m. ET to discuss its first-quarter financial results. Mac Schuessler, President and CEO, and Joaquin Castrillo, CFO, will be leading the call. A press release detailing the company's financial performance will be issued after market close on the same day. The conference call can be accessed via phone or webcast on the company’s website, and a replay will be available for one week after the event.
Evertec announced Q4 and full-year 2020 results, revealing a 6% revenue increase to $134.2 million for the quarter and a 5% rise to $510.6 million for the year. GAAP net income for Q4 was $32.3 million, up 29%, with adjusted earnings per share rising 23% to $0.59. Full-year adjusted earnings also increased, reaching $2.07 per share. The company plans a 2021 revenue forecast of $533-$544 million, anticipating a 4-7% growth. They have $100 million remaining in their share repurchase program to enhance shareholder returns.
EVERTEC, Inc. (NYSE: EVTC) has declared a quarterly dividend of $0.05 per share, set to be paid on March 26, 2021, to stockholders of record as of March 1, 2021. The Board of Directors anticipates future dividends may be declared regularly, depending on business needs and market conditions.
EVERTEC is a leading transaction processing company in Puerto Rico, the Caribbean, and Latin America, managing a system that processes over two billion transactions annually while offering essential payment processing and technology outsourcing services.
EVERTEC, Inc. (NYSE: EVTC) will host a conference call on March 1, 2021, at 8:00 a.m. ET to discuss its fourth-quarter financial results. CEO Mac Schuessler and CFO Joaquin Castrillo will present during the call. The fourth quarter 2020 financial results press release will be issued before the market opens on the same day. Participants can join by phone or via webcast on the company’s website. EVERTEC is a leader in transaction processing services across Puerto Rico, the Caribbean, and Latin America, managing over two billion transactions annually.
Evertec's Board of Directors has authorized a significant increase in its share repurchase program, extending it to $100 million with an expiration date of December 31, 2023. This move, which comes after a previous $23 million allocation, reflects the company's confidence in its business strategy and aims to return capital to shareholders. The company plans to repurchase shares opportunistically based on market conditions and its strong financial position, underscoring its commitment to shareholder value.
EVERTEC, Inc. (NYSE: EVTC) announced that its President and CEO, Mac Schuessler, along with CFO Joaquin Castrillo, will present at Citi's 2020 Financial Technology Conference on November 17, 2020, at 1:30 p.m. ET. The presentation will be available via a live webcast on the company's investor relations website, with a replay accessible afterward. EVERTEC is a prominent transaction processing firm in Puerto Rico and Latin America, handling over two billion transactions annually and providing essential services to diverse clients, including financial institutions and government agencies.
