EVERTEC Reports Fourth Quarter and Full Year 2020 Results
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities turn lower, as fragile yen remains on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Evertec (EVTC) Tops Q4 EPS by 5c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, FY21 Revenues Mid-Point Above Consensus
March 1, 2021 7:13 AM ESTEvertec (NYSE: EVTC) reported Q4 EPS of $0.59, $0.05 better than the analyst estimate of $0.54. Revenue for the quarter came in at $134.2 million versus the consensus estimate of $133.44 million.
Fourth Quarter 2020 Highlights and Recent Highlights
Revenue increased 6% to $134.2 millionGAAP Net Income attributable to common shareholders was $32.3 million, or $0.44 per diluted shareAdjusted EBITDA increased 16% to $63.9... More