EVERTEC INC ( (EVTC) ) has released its Q2 earnings. Here is a breakdown of the information EVERTEC INC presented to its investors.
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EVERTEC, Inc. is a leading transaction processor and financial technology provider operating in Latin America, Puerto Rico, and the Caribbean, offering a wide range of merchant acquiring, payment services, and business process management solutions. The company also owns and operates the ATH network, a prominent PIN debit network in the region.
In its second quarter of 2025, EVERTEC reported a robust financial performance with an 8% increase in revenue, reaching $229.6 million. The company also raised its full-year outlook and expanded its share repurchase program, demonstrating confidence in its growth trajectory.
Key financial highlights include a 27% increase in GAAP net income attributable to common shareholders, amounting to $40.5 million, and an 8% rise in adjusted EBITDA to $92.6 million. The revenue growth was driven by organic expansion across all segments and contributions from recent acquisitions. EVERTEC also benefited from improved pricing initiatives and higher sales volumes in its merchant acquiring segment.
The company has extended its share repurchase program, increasing the authorization to $150 million, and has raised its revenue and adjusted earnings per share outlook for the year. This strategic move underscores EVERTEC’s commitment to enhancing shareholder value.
Looking ahead, EVERTEC’s management remains optimistic about its growth prospects, expecting continued revenue expansion and improved earnings per share. The company plans to maintain its capital expenditures and adjusted effective tax rate, positioning itself for sustained success in the financial technology sector.