EVERTEC INC ( (EVTC) ) has released its Q1 earnings. Here is a breakdown of the information EVERTEC INC presented to its investors.
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EVERTEC, Inc., a prominent transaction processor and financial technology provider in Latin America, Puerto Rico, and the Caribbean, has reported its financial results for the first quarter of 2025. The company is known for its comprehensive suite of services, including merchant acquiring, payment services, and business process management.
In the first quarter of 2025, EVERTEC, Inc. reported a notable increase in revenue and earnings, with revenue rising by 11% to $228.8 million, and GAAP net income attributable to common shareholders soaring by 105% to $32.7 million. The company also raised its financial outlook for the year, reflecting confidence in its continued growth trajectory.
Key financial metrics highlighted in the report include a 14% increase in Adjusted EBITDA to $89.4 million and a 21% rise in adjusted earnings per common share to $0.87. The revenue growth was driven by organic growth across all segments and contributions from acquisitions completed in late 2024. The company also benefited from improved sales volume and pricing initiatives in Latin America.
EVERTEC’s management expressed satisfaction with the strong financial performance and emphasized their focus on sustainable execution. The company has revised its outlook for 2025, projecting constant currency revenue growth between 6.8% and 7.7% and adjusted earnings per share growth between 4.9% and 7.6%.
Looking ahead, EVERTEC, Inc. remains optimistic about its growth prospects, supported by its strategic initiatives and market expansion efforts. The company continues to focus on managing expenses and driving incremental revenue to sustain its positive momentum in the financial technology sector.
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