Rhea-AI Summary
EVO Payments, Inc. (NASDAQ: EVOP) reported first quarter 2020 results with revenue of $111.2 million, flat compared to $111.5 million in the previous year. The net loss was $13.6 million, improving 29% year-over-year. Adjusted EBITDA grew 3% to $31.5 million, with a 6% increase on a currency neutral basis. The company anticipates greater economic disruption from COVID-19 in Q2 but is positioned for recovery due to diversification and a $150 million investment from Madison Dearborn Partners to enhance financial flexibility.
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FAQ
What is the market cap of Evo Payments (EVOP)?
The market cap of Evo Payments (EVOP) is approximately $3.0B.