Evertec (EVTC) Tops Q3 EPS by 23c

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Go back to Evertec (EVTC) Tops Q3 EPS by 23c

EVERTEC Reports Third Quarter 2020 Results

October 29, 2020 4:05 PM EDT

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

Third Quarter 2020 Highlights

Revenue increased 15% to $136.5 million GAAP Net Income attributable to common shareholders was $34.5 million or $0.47 per diluted share Adjusted EBITDA increased 26% to $70.0 million Adjusted earnings per common share was $0.65, an increase of 38%

Nine-Month Year-to-Date 2020 Highlights

Revenue increased 4% to $376.4 million GAAP Net Income attributable to common shareholders was $72.2 million or $0.99 per diluted share Adjusted... More