Latin America Reacceleration
Latin America reported revenue growth of ~32% year-over-year (≈+24% on a constant currency basis); Latin America segment revenue $110.3 million and adjusted EBITDA $32.8 million, up ~32% year-over-year; benefited from a ~$6.8 million FX tailwind (mainly Brazilian real).
Strategic M&A—DIMENSA & Tecnobank
Closed DIMENSA acquisition (expected neutral to slightly accretive in 2026; synergies expected to begin in 2027) and earlier Tecnobank integration contributed meaningfully to revenue growth and expanded product/vertical coverage (insurance, risk, funds, banks).
Raised Full-Year 2026 Guidance
Updated 2026 revenue guidance increased to $1.073B–$1.085B (growth of 15.1%–16.4% reported; 13.8%–15% constant currency), lifting prior constant currency revenue outlook materially; adjusted EPS now expected to grow ~6.6%–9.9% (5.2%–8.6% constant currency).
Capital Allocation and Liquidity
Repurchased ~683–700k shares for ~$20 million this quarter, paid ~$3.1 million in dividends, ended Q1 with remaining repurchase authorization of ~$130 million; liquidity reported around $450M–$460M and ending unrestricted cash ~$314.5 million (ex cash & settlement assets).
Cash Flow and Balance Sheet Discipline
Generated net cash from operating activities of $31.2 million in Q1; capital expenditures $22.7 million; paid down ~$6 million of debt; weighted average interest rate ~6%, down ~55 basis points year-over-year.
Segment Strength—Payment Services Puerto Rico
Payment Services Puerto Rico revenue $58.4 million, up ~6% year-over-year; adjusted EBITDA ~$34.7 million, up ~11% with margin expanding to ~59.4% (approx +240 bps).
Quarterly Revenue Growth
Total revenue of $247.9 million, up ~8% year-over-year (≈+5% on a constant currency basis), driven by organic growth across segments and full-quarter contribution from Tecnobank.
Strong Profitability and Margin Stability
Adjusted EBITDA of ~$97 million, up 9% year-over-year with an adjusted EBITDA margin of 39.1%, essentially consistent with the prior year despite headwinds.
Earnings Per Share and Net Income
Adjusted EPS of $0.90, up ~3% year-over-year; adjusted net income of ~$56 million, broadly consistent with prior year.