Quarterly ResultMay 7, 2026, 04:54 PM
EVERTEC Q1 Revenue $247.9M, Net Income $24.7M; EPS $0.38
AI Summary
EVERTEC, Inc. reported Q1 2026 revenues of $247.9 million, an 8.4% increase year-over-year. However, net income attributable to common stockholders decreased by 27.4% to $23.8 million, resulting in basic EPS of $0.38, down from $0.51 in Q1 2025. The company also repurchased $20.0 million in common stock, declared a $0.05 per share cash dividend, and acquired an additional 4.32% interest in Lote45 Participacoes S.A.
Key Highlights
- Q1 2026 revenues increased 8.4% to $247.9 million from $228.8 million in Q1 2025.
- Net income attributable to common stockholders decreased 27.4% to $23.8 million.
- Basic net income per common share was $0.38, down from $0.51 in Q1 2025.
- Diluted net income per common share was $0.38, down from $0.50 in Q1 2025.
- Net cash provided by operating activities was $31.2 million, down from $37.6 million.
- The company repurchased $20.0 million of common stock during the quarter.
- Cash dividends of $0.05 per share, totaling $3.1 million, were declared.
- Acquired an additional 4.32% ownership in Lote45 Participacoes S.A. for $2.4 million.