Evertec (EVTC) Reports In-Line Q4 EPS; Offers FY23 Guidance

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Go back to Evertec (EVTC) Reports In-Line Q4 EPS; Offers FY23 Guidance

EVERTEC Reports Fourth Quarter and Full Year 2022 Results

February 22, 2023 4:05 PM EST

Announces 2023 Outlook

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (Evertec or the Company) today announced results for the fourth quarter and full year ended December 31, 2022.

Fourth Quarter 2022 Highlights and Recent Highlights

Revenue increased 4% to $161.8 million GAAP Net Income attributable to common shareholders was $28.7 million, or $0.44 per diluted share Adjusted EBITDA decreased 10% to $68.4 million Adjusted earnings per common share was $0.65, or a 10% decrease Completed the refinancing of credit facilities

Full Year 2022 Highlights

Revenue... More