earnings
confidence high
sentiment positive
materiality 0.80
EVERTEC Q2 revenue up 20% to $274.8M; raises FY2026 outlook; increases buyback to $150M
EVERTEC, Inc.
- Revenue $274.8M (+20% YoY); constant currency growth ~16%; GAAP net income $5.4M ($0.09 diluted) vs $40.5M ($0.62) prior year due to impairment and cyber costs.
- Adjusted EBITDA $109.3M (+18%); adjusted EPS $1.05 (+18%).
- Raised FY2026 revenue guidance to $1,085-1,095M (prev 15.1-16.4% growth) and adjusted EPS to $3.94-4.04 (prev 6.6-9.9% growth).
- Board increased share repurchase authorization to $150M (from $83M remaining); repurchased 1.9M shares at avg $24.68 in Q2.
- Signed strategic agreements with Transbank (Chile) and Clip (Mexico) to advance Latin America growth.