EVO Payments (EVOP) Tops Q4 EPS by 4c
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EVO Reports Fourth Quarter and Full Year 2021 Results
February 23, 2022 7:00 AM ESTATLANTA--(BUSINESS WIRE)-- EVO Payments, Inc. (NASDAQ: EVOP) (EVO or the Company) today announced its fourth quarter and full year 2021 financial results. For the quarter ended December 31, 2021, reported revenue was $133.2 million compared to $116.7 million in the prior year, an increase of 14%. On a currency neutral basis, revenue for the quarter increased 17%. On a GAAP basis for the quarter, net income was $6.6 million compared to $3.9 million in the prior year. For 2021, GAAP net income includes $5.7 million of costs associated with refinancing the Companys credit agreement. Adjusted EBITDA increased 12% to $50.1 million for the quarter, and on... More
