secwatch.observer — SEC 8-K summary
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Issuer:     EVERTEC, Inc. (EVTC)
CIK:        0001559865
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001559865-24-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVERTEC Q3 revenue $211.8M (+22%), GAAP net income up 146%; acquires Grandata
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- Revenue $211.8M (+22% YoY); GAAP net income $24.7M (+146%); adjusted EPS $0.86 (+8%).
- Adjusted EBITDA $87.4M (+11%), margin 41.3% (down 420bps due to Sinqia).
- Closed acquisition of Grandata (Mexican data analytics) on Oct 30, 2024; enhances product offering.
- 2024 outlook: revenue $841-847M, adj. EPS $3.08-$3.15; capex ~$85M.
- Share repurchases $12.3M in Q3; $138M remaining under program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1559865/000155986524000049/0001559865-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1559865/000155986524000049/evtc-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001559865-24-000049

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