Evertec (EVTC) Misses Q4 EPS by 1c, Offers FY Guidance

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EVERTEC Reports Fourth Quarter and Full Year 2019 Results

February 25, 2020 4:05 PM EST

Announces 2020 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, 2019.

Fourth Quarter 2019 Highlights

Revenue increased 8% to $127.2 million GAAP Net Income attributable to common shareholders was $25.0 million, or $0.34 per diluted share Adjusted EBITDA increased 5% to $55.3 million Adjusted earnings per common share was $0.48, or a 4% increase

Full Year 2019 Highlights

Revenue grew 7% to $487.4 million GAAP Net Income attributable to common... More