secwatch.observer — SEC 8-K summary
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Issuer:     EVERTEC, Inc. (EVTC)
CIK:        0001559865
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001559865-23-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVERTEC Q1 revenue up 6% to $159.8M, raises full-year guidance
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- GAAP net income $30.1M ($0.46/diluted share), down 23% YoY; adjusted EPS $0.69, up 5%.
- Adjusted EBITDA $67.1M, down 8%; margin 42.0%, down 640 bps.
- Full-year 2023 revenue guidance raised to $644-652M (from $638-647M); adjusted EPS guidance raised to $2.59-2.68.
- Share repurchases totaled $6.3M in Q1; $72M remaining under program.
- Revenue growth driven by merchant acquiring and payment processing in Puerto Rico and LATAM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1559865/000155986523000021/0001559865-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1559865/000155986523000021/evtc-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001559865-23-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer