Evertec (EVTC) Reports In-Line Q2 EPS

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Go back to Evertec (EVTC) Reports In-Line Q2 EPS

EVERTEC Reports Second Quarter 2022 Results

August 4, 2022 4:05 PM EDT

 UPDATES ANNUAL GUIDANCE

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (Evertec or the Company) today announced results for the second quarter ended June 30, 2022.

Second Quarter 2022 and Recent Highlights

Revenue increased 8% to $160.6 million GAAP Net Income attributable to common shareholders was $33.6 million a decrease of 32% , or $0.47 per diluted share, a decrease of 31% Adjusted EBITDA decreased 9% to $73.4 million Adjusted earnings per common share was $0.65, a decrease of 17% Share repurchases totaled $14.0 million Completed Popular transaction and... More