Evertec (EVTC) Tops Q4 EPS by 1c

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EVERTEC Reports Fourth Quarter and Full Year 2017 Results

February 21, 2018 4:10 PM EST

Announces 2018 Outlook

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (EVERTEC or the Company) today announced results for the fourth quarter and full year ended December 31, 2017.

Fourth Quarter 2017

Revenue decreased 2% to $99.6 million GAAP Net Income attributable to common shareholders was $5.8 million, or $0.08 per diluted share Adjusted EBITDA decreased 22% to $37.0 million Adjusted earnings per common share was $0.24, or a 44% decline

Full Year 2017 Highlights

Revenue grew 5% to $407.1 million GAAP Net Income... More