EVO Payments (EVOP) Tops Q3 EPS by 1c, Slight Beat on Revenues

EVO Payments (NASDAQ: EVOP) reported Q3 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $116.98 million versus the consensus estimate of $116.42 million.

“We have taken the appropriate steps to realign our cost structure, which has improved our cash flows, leverage, and margin,” said James G. Kelly, Chief Executive Officer of EVO. “As a result, I am pleased with the financial results we delivered in the third quarter. In addition, we expanded our distribution through new merchant sales and additional referral partners and continued to invest in new products and solutions. We remain keenly focused on M&A opportunities and are well-positioned to capitalize on the acceleration we are seeing in digital payments.”

For earnings history and earnings-related data on EVO Payments (EVOP) click here.

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