Evertec (EVTC) Reports In-Line Q1 EPS, Revenues Beat; Suspends FY20 Financial Outlook
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EVERTEC Reports First Quarter 2020 Results
May 8, 2020 8:00 AM EDTSuspends Annual Guidance
SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (Evertec or the Company) today announced results for the first quarter ended March 31, 2020.
First Quarter 2020 Highlights
Revenue grew 3% to $121.9 million GAAP Net Income attributable to common shareholders was $22.2 million or $0.30 per diluted share Adjusted EBITDA decreased 2% to $56.3 million Adjusted earnings per common share was $0.46, a decrease of 8%Mac Schuessler, President and Chief Executive Officer stated, First and foremost, we want... More
