EVO Payments (EVOP) Tops Q1 EPS by 3c

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Go back to EVO Payments (EVOP) Tops Q1 EPS by 3c

EVO Reports First Quarter 2022 Results

May 4, 2022 7:00 AM EDT

ATLANTA--(BUSINESS WIRE)-- EVO Payments, Inc. (NASDAQ: EVOP) (EVO or the Company) today announced its first quarter 2022 financial results. For the quarter ended March 31, 2022, reported revenue was $126.9 million compared to $106.2 million in the prior year, an increase of 20%. On a currency neutral basis, revenue for the quarter increased 23%. On a GAAP basis for the quarter, net income was $5.2 million compared to a net loss of $2.8 million in the prior year. Adjusted EBITDA increased 18% to $40.0 million for the quarter, and on a currency neutral basis, adjusted EBITDA increased 21%.

I am very pleased with our first... More