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Stock impact report

EVERTEC Reports Third Quarter 2024 Results

Evertec, Inc. (EVTC) 
Last evertec, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.evertecinc.com
Company Research Source: Business Wire
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 HighlightsRevenue increased 22% to $211.8 millionGAAP Net Income attributable to common shareholders increased 146% to $24.7 million and increased 153% to $0.38 per diluted shareAdjusted EBITDA increased 11% to $87.4 million and Adjusted earnings per common share increased 8% to $0.86Share repurchases totaled $12.3 million.Closed on acquisition of 100% of Grandata Inc. ("Grandata") on October 30thMac Schuessler, President and Chief Executive Officer stated, "We are pleased with our third quarter results that demonstrate our commitment to continue to improve our margin. We are excited to announce the acquisition of Grandata, which align with our capital deployment strategy focusing on Latin America and diversifying our revenue."Third Quarter 2024 Results Show less Read more
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