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EVERTEC Q1 2023 Earnings Report

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$32.61 -0.15 (-0.45%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

EVERTEC EPS Results

Actual EPS
$0.62
Consensus EPS
$0.54
Beat/Miss
Beat by +$0.08
One Year Ago EPS
N/A

EVERTEC Revenue Results

Actual Revenue
$159.81 million
Expected Revenue
$152.17 million
Beat/Miss
Beat by +$7.64 million
YoY Revenue Growth
N/A

EVERTEC Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

EVERTEC Earnings Headlines

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Evertec upgraded to Equal Weight from Underweight at Morgan Stanley
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About EVERTEC

EVERTEC (NYSE:EVTC) engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. In addition, the company offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers services. Further, it provides business process management solutions comprising core bank processing, network hosting and management, IT professional, business process outsourcing, item and cash processing, and fulfillment solutions to merchant, fintech, financial institutions, and corporate and government customers. Additionally, the company owns and operates the ATH network, a personal identification number debit networks. It manages a system of electronic payment networks that process approximately six billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

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