Evertec (EVTC) Tops Q3 EPS by 4c

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EVERTEC Reports Third Quarter 2018 Results

October 30, 2018 4:05 PM EDT

Increases Annual Guidance

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (Evertec or the Company) today announced results for the third quarter ended September30, 2018.

Third Quarter 2018 and Recent Highlights

Revenue grew 9% to $112.0 million GAAP Net Income attributable to common shareholders was $23.0 million or $0.31 per diluted share Adjusted EBITDA increased 25% to $52.1 million Adjusted earnings per common share was $0.45, an increase of 36%

Nine-Month Year-to-Date 2018 Highlights

Revenue grew 9% to $335.6 million GAAP... More