earnings
confidence high
sentiment negative
materiality 0.75
EVERTEC Q4 revenue up 4% to $161.8M; adjusted EPS down 10% to $0.65; guides 2023 revenue growth 3-5%
EVERTEC, Inc.
2022-FY EPS reported
$3.45
revenue$618,409,000
- Q4 revenue $161.8M (+4% YoY); GAAP net income $28.7M ($0.44 diluted) vs $41.1M ($0.56) prior year.
- Adjusted EBITDA $68.4M (-10% YoY); adjusted EPS $0.65 (-10% YoY).
- Full year 2022 revenue $618.4M (+5%); adjusted EBITDA $269.5M (-9%); adjusted EPS $2.42 (-12%).
- 2023 outlook: revenue $638-647M (3.2-4.6% growth); adjusted EPS $2.53-2.64 (4.5-9.1% growth).
- Repurchased 2.8M shares for $96.6M in 2022; $78M remaining under buyback program.