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. reports developments as a transaction processor and financial technology provider serving Latin America, Puerto Rico and the Caribbean. The company provides merchant acquiring, payment services, business process management, core banking, cash processing and financial technology outsourcing services, and it owns and operates the ATH PIN debit network.
Company news commonly covers operating results by merchant acquiring, Payments Puerto Rico, Latin America and Business Solutions activities; transaction and sales volume trends; completed acquisitions such as Dimensa and Tecnobank; regular cash dividends; share repurchase authorization; and cloud technology updates involving Nubity by Evertec.
EVERTEC (NYSE:EVTC) has scheduled its Second Quarter 2025 financial results conference call and webcast for July 30, 2025 at 4:30 p.m. ET. The company's President and CEO Mac Schuessler and CFO Joaquin Castrillo will lead the presentation.
The earnings release will be issued shortly after market close on the same day. Investors can join via phone at (888) 338-7153 (US) or (412) 317-5117 (International). A replay will be available until August 6, 2025 using pin 5299049. The webcast will be accessible through the company's Investor Relations website.
EVERTEC (NYSE: EVTC) has announced a regular quarterly dividend payment. The company's Board of Directors declared a dividend of $0.05 per share, which will be paid on June 6, 2025, to stockholders of record as of May 13, 2025. While the Board anticipates continuing these regular quarterly dividend declarations, future payments will remain subject to Board approval and may be adjusted based on business needs or market conditions.
EVERTEC (NYSE: EVTC) has scheduled its First Quarter 2025 Financial Results announcement for May 7, 2025. The company will host a conference call and webcast at 4:30 p.m. ET on the same day, featuring President and CEO Mac Schuessler and CFO Joaquin Castrillo.
The earnings release will be issued shortly after market close. Investors can join the conference call by dialing (888) 338-7153 for domestic calls or (412) 317-5117 for international participants. A replay will be available until May 14, 2025, accessible via (877) 344-7529 or (412) 317-0088 with pin number 9312814. The webcast will be available on the company's website under the Investor Relations section.
EVERTEC (NYSE: EVTC) reported strong financial results for Q4 and full year 2024. Fourth quarter revenue increased 11% to $216.4 million, with GAAP Net Income rising 249% to $40.1 million ($0.62 per diluted share). Adjusted EBITDA grew 24% to $88.6 million.
Full year 2024 highlights include:
- Revenue growth of 22% to $845.5 million
- GAAP Net Income of $112.6 million ($1.73 per diluted share)
- Adjusted EBITDA of $340.2 million, up 17%
- $95.2 million returned to shareholders through repurchases and dividends
The company completed strategic acquisitions of Nubity and Grandata, and executed a $70 million accelerated share repurchase program. For 2025, EVERTEC projects revenue between $889-899 million and adjusted EPS of $3.34-$3.45.
EVERTEC (NYSE: EVTC) has announced that its Board of Directors has declared a regular quarterly dividend of $0.05 per share. The dividend will be paid on March 21, 2025 to stockholders of record as of March 3, 2025. The Board made this declaration on February 20, 2025, and anticipates continuing these regular quarterly dividend payments in future quarters, subject to Board approval and potential adjustments based on business needs or market conditions.
EVERTEC (NYSE: EVTC) has scheduled its fourth quarter 2024 financial results announcement for February 26, 2025. The company will host a conference call and webcast at 4:30 p.m. ET on the same day, featuring President and CEO Mac Schuessler and CFO Joaquin Castrillo. The financial results press release will be issued shortly after market close.
Investors can access the conference call by dialing (888) 338-7153 for domestic calls or (412) 317-5117 for international calls. A replay will be available until March 5, 2025, accessible via (877) 344-7529 or (412) 317-0088 with pin number 1193493. The webcast will be available on EVERTEC's website under the Investor Relations section.
EVERTEC (NYSE: EVTC) reported strong third quarter 2024 results. Revenue rose 22% to $211.8 million, driven by organic growth and the Sinqia acquisition. GAAP Net Income surged 146% to $24.7 million, or $0.38 per diluted share. Adjusted EBITDA increased 11% to $87.4 million, while Adjusted EPS grew 8% to $0.86. The company repurchased $12.3 million in shares and completed the acquisition of Grandata on October 30, 2024. 2024 Outlook projects revenue between $841 million and $847 million, with Adjusted EPS between $3.08 and $3.15.
Segment-wise, Merchant acquiring revenue benefited from improved spread and sales volume growth. Payments Puerto Rico saw growth in ATH Movil Business and Latin America revenue was bolstered by the Sinqia acquisition and organic growth. Increased operating expenses were noted, including higher personnel costs, cloud services, professional fees, and interest expenses due to incremental debt from the Sinqia acquisition.
EVERTEC (NYSE: EVTC) has scheduled its Third Quarter 2024 financial results announcement for November 6, 2024. The company will host a conference call and webcast at 4:30 p.m. ET on the same day. President and CEO Mac Schuessler and CFO Joaquin Castrillo will lead the call. The financial results press release will be issued after market close. Investors can join via phone at (888) 338-7153 (US) or (412) 317-5117 (international), with replay available until November 13, 2024. A live webcast will be accessible through the company's website.
EVERTEC, Inc. (NYSE: EVTC) has announced a regular quarterly dividend of $0.05 per share. The dividend was declared by the company's Board of Directors on October 17, 2024, and will be paid on December 6, 2024 to stockholders of record as of October 28, 2024. The Board anticipates declaring this dividend in future quarters on a regular basis, subject to approval and potential adjustments based on business needs or market conditions.