---
schema_version: "secwatch.filing_event.v1"
accession: "0001559865-24-000024"
form_type: "8-K"
ticker: "EVTC"
cik: "0001559865"
company_name: "EVERTEC, Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:48:59.945040+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EVERTEC Q1 revenue up 28% to $205.3M; GAAP net income down 47%

## Summary
- Revenue $205.3M (+28% YoY) driven by Sinqia acquisition and organic growth across segments.
- GAAP net income $16.0M ($0.24 diluted EPS), down 47% from prior year on higher interest and D&A.
- Adjusted EPS $0.72 (+4% YoY); Adjusted EBITDA $78.2M (+16%); margin 38.1% (-390bps).
- Entered $70M accelerated share repurchase agreement, expected to complete in Q3 2024.
- 2024 outlook: revenue $846-854M (22-23% growth); adjusted EPS $2.85-2.94.

## SEC filing metadata
- accession: 0001559865-24-000024
- form_type: 8-K
- ticker: EVTC
- cik: 0001559865
- company_name: EVERTEC, Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559865/000155986524000024/0001559865-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559865/000155986524000024/evtc-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001559865-24-000024
- JSON: https://secwatch.observer/filing/0001559865-24-000024.json
- Plain text: https://secwatch.observer/filing/0001559865-24-000024.txt

## Key facts
- Earnings Releases
  EVERTEC, Inc. reported the first quarter ended March 31, 2024 results: revenue $205.3 million, net income $16.0 million, EPS $0.24 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $205.3 million
  - Net income: $16.0 million
  - EPS: $0.24 per diluted share
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Revenue increased 28% to $205.3 million • GAAP Net Income attributable to common shareholders decreased 47% to $16.0 million and decreased 48% to $0.24 per diluted share • Adjusted EBITDA increased 16% to $78.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1559865/000155986524000024/0001559865-24-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.