Evertec (EVTC) Tops Q2 EPS by 3c

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Go back to Evertec (EVTC) Tops Q2 EPS by 3c

EVERTEC Reports Second Quarter 2020 Results

August 4, 2020 4:05 PM EDT

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (Evertec or the Company) today announced results for the second quarter ended June 30, 2020.

Second Quarter 2020 Highlights

Revenue decreased 4% to $117.9 million GAAP Net Income attributable to common shareholders was $15.5 million or $0.21 per diluted share Adjusted EBITDA decreased 13% to $50.2 million Adjusted earnings per common share was $0.38, a decrease of 25%

Six-Month Year-to-Date 2020 Highlights

Revenue decreased 1% to $239.9 million GAAP Net Income attributable to common shareholders was $37.7 million or $0.52 per diluted share Adjusted... More