Evertec (EVTC) Tops Q3 EPS by 13c, Beats on Revenue; Offers FY24 Guidance

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Go back to Evertec (EVTC) Tops Q3 EPS by 13c, Beats on Revenue; Offers FY24 Guidance

EVERTEC Reports Third Quarter 2024 Results

November 6, 2024 4:05 PM EST

Announces acquisition of Grandata

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (Evertec, the Company, we or our) today announced results for the third quarter ended September 30, 2024.

Third Quarter 2024 Highlights

Revenue increased 22% to $211.8 million GAAP Net Income attributable to common shareholders increased 146% to $24.7 million and increased 153% to $0.38 per diluted share Adjusted EBITDA increased 11% to $87.4 million and Adjusted earnings per common share increased 8% to $0.86 Share repurchases totaled $12.3 million. Closed on acquisition of 100% of Grandata Inc. ("Grandata") on October... More