EVO Payments (EVOP) Reports In-Line Q1 EPS, Revenues Beat; Offers FY21 Revenues Outlook
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EVO Reports First Quarter 2021 Results
May 6, 2021 7:00 AM EDTATLANTA--(BUSINESS WIRE)-- EVO Payments, Inc. (NASDAQ: EVOP) (EVO or the Company) today announced its first quarter 2021 financial results. For the first quarter ended March 31, 2021, reported revenue was $106.2 million compared to $111.2 million in the prior year, a decrease of 4%. On a currency neutral basis, revenue for the first quarter decreased 6%. On a GAAP basis for the quarter ended March 31, 2021, net loss was $2.8 million compared to a net loss of $13.6 million in the prior year. Adjusted EBITDA increased 7% to $33.7 million for the quarter, and on a currency neutral basis, adjusted EBITDA increased 6%.
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