Evertec (EVTC) Tops Q1 EPS by 8c, Offers Guidance

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Go back to Evertec (EVTC) Tops Q1 EPS by 8c, Offers Guidance

EVERTEC Reports First Quarter 2021 Results

April 29, 2021 4:05 PM EDT

Increases 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, 2021.

First Quarter 2021 Highlights

Revenue increased 14% to $139.5 million GAAP Net Income attributable to common shareholders was $35.5 million or $0.49 per diluted share Adjusted EBITDA increased 22% to $68.9 million Adjusted earnings per common share was $0.62, an increase of 35% Share repurchases totaled $14.3 million

Mac Schuessler, President and Chief Executive Officer stated, In the... More