Welcome to our dedicated page for Evertec news (Ticker: EVTC), a resource for investors and traders seeking the latest updates and insights on Evertec stock.
EVERTEC, Inc. (NYSE: EVTC) is a transaction processing and financial technology company serving Latin America, Puerto Rico and the Caribbean, and its news flow reflects its role in regional payments infrastructure. Company updates frequently cover quarterly earnings, segment performance across merchant acquiring, payment services and business solutions, and revisions to financial outlooks, including revenue and adjusted earnings guidance.
Investors following EVTC news can expect regular earnings releases detailing trends in transaction volumes, constant currency revenue, Adjusted EBITDA and other non-GAAP metrics that the company uses alongside GAAP results. These releases often discuss performance in Puerto Rico, the Caribbean and Latin America, including contributions from acquisitions and specific services such as ATH Movil within the broader ATH network.
EVERTEC’s news also includes capital allocation actions such as share repurchase authorizations and quarterly cash dividends on common stock, as approved by its Board of Directors. Corporate announcements may highlight changes in executive leadership roles, amendments to credit agreements and term loan facilities, and other financing-related developments disclosed through press releases and Form 8-K filings.
Another important category of news involves strategic transactions and risk events. EVERTEC has reported agreements to acquire, and the closing of the acquisition of, a controlling stake in Tecnobank Tecnologia Bancária S.A. in Brazil, expanding its fintech capabilities in digital vehicle financing contract registration. It has also disclosed an incident involving unauthorized activity in the Pix real-time payment environment operated by its Brazilian subsidiary Sinqia, describing its response, engagement with regulators and customers, and potential impacts.
For readers tracking EVTC, this news page aggregates these types of announcements so they can monitor financial results, corporate actions, acquisitions, technology and operational updates that shape EVERTEC’s position in the Latin American payments and financial technology landscape.
EVERTEC, Inc. (NYSE: EVTC) will host a conference call on April 29, 2021, at 4:30 p.m. ET to discuss its first-quarter financial results. Mac Schuessler, President and CEO, and Joaquin Castrillo, CFO, will be leading the call. A press release detailing the company's financial performance will be issued after market close on the same day. The conference call can be accessed via phone or webcast on the company’s website, and a replay will be available for one week after the event.
Evertec announced Q4 and full-year 2020 results, revealing a 6% revenue increase to $134.2 million for the quarter and a 5% rise to $510.6 million for the year. GAAP net income for Q4 was $32.3 million, up 29%, with adjusted earnings per share rising 23% to $0.59. Full-year adjusted earnings also increased, reaching $2.07 per share. The company plans a 2021 revenue forecast of $533-$544 million, anticipating a 4-7% growth. They have $100 million remaining in their share repurchase program to enhance shareholder returns.
EVERTEC, Inc. (NYSE: EVTC) has declared a quarterly dividend of $0.05 per share, set to be paid on March 26, 2021, to stockholders of record as of March 1, 2021. The Board of Directors anticipates future dividends may be declared regularly, depending on business needs and market conditions.
EVERTEC is a leading transaction processing company in Puerto Rico, the Caribbean, and Latin America, managing a system that processes over two billion transactions annually while offering essential payment processing and technology outsourcing services.
EVERTEC, Inc. (NYSE: EVTC) will host a conference call on March 1, 2021, at 8:00 a.m. ET to discuss its fourth-quarter financial results. CEO Mac Schuessler and CFO Joaquin Castrillo will present during the call. The fourth quarter 2020 financial results press release will be issued before the market opens on the same day. Participants can join by phone or via webcast on the company’s website. EVERTEC is a leader in transaction processing services across Puerto Rico, the Caribbean, and Latin America, managing over two billion transactions annually.
Evertec's Board of Directors has authorized a significant increase in its share repurchase program, extending it to $100 million with an expiration date of December 31, 2023. This move, which comes after a previous $23 million allocation, reflects the company's confidence in its business strategy and aims to return capital to shareholders. The company plans to repurchase shares opportunistically based on market conditions and its strong financial position, underscoring its commitment to shareholder value.
EVERTEC, Inc. (NYSE: EVTC) announced that its President and CEO, Mac Schuessler, along with CFO Joaquin Castrillo, will present at Citi's 2020 Financial Technology Conference on November 17, 2020, at 1:30 p.m. ET. The presentation will be available via a live webcast on the company's investor relations website, with a replay accessible afterward. EVERTEC is a prominent transaction processing firm in Puerto Rico and Latin America, handling over two billion transactions annually and providing essential services to diverse clients, including financial institutions and government agencies.
EVERTEC, Inc. (NYSE: EVTC) announced a quarterly dividend of $0.05 per share, payable on December 4, 2020, to shareholders of record by November 2, 2020. The Board anticipates maintaining similar dividend declarations in future quarters, subject to necessary approvals and potential adjustments based on business needs or market conditions. EVERTEC is a major transaction processing company in the Caribbean and Latin America, managing over two billion transactions annually and offering diverse payment processing and technology solutions.
Evertec (NYSE: EVTC) announced over 160 scholarships awarded through its Scholarship Program, totaling more than $185,000. Following an alliance focused on encouraging women in STEM, female applications surged by 50%, achieving a gender ratio of 1:1 among applicants. The program has disbursed 529 scholarships worth over $685,000 since its inception. Awardees, accepted in accredited colleges, will receive $1,000 and may join the Evertec Internship Program. CEO Mac Schuessler emphasized the commitment to supporting STEM education and promoting economic growth in local communities.
EVERTEC, Inc. (NYSE: EVTC) is set to host a conference call and webcast on October 29, 2020, at 4:30 p.m. ET to discuss its third quarter financial results. Mac Schuessler, President and CEO, along with CFO Joaquin Castrillo, will present. A press release detailing the financial results will be available shortly after market closure on the same day. The call can be accessed live via phone or through the company's website, with a replay option available for a limited time.
EVERTEC is a premier transaction processing firm operating across Puerto Rico, the Caribbean, and Latin America.