EVO Payments (EVOP) Tops Q2 EPS by 4c

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EVO Reports Second Quarter 2021 Results

August 4, 2021 7:00 AM EDT

ATLANTA--(BUSINESS WIRE)-- EVO Payments, Inc. (NASDAQ: EVOP) (EVO or the Company) today announced its second quarter 2021 financial results. For the quarter ended June 30, 2021, reported revenue was $122.2 million compared to $94.3 million in the prior year, an increase of 30%. On a currency neutral basis, revenue for the quarter increased 23%. On a GAAP basis for the quarter, net income was $6.8 million compared to a net loss of $9.0 million in the prior year. Adjusted EBITDA increased 42% to $42.8 million for the quarter, and on a currency neutral basis, adjusted EBITDA increased 34%.

For the six months ended June 30, 2021, reported revenue... More