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Mar 31, 2020
EVERTEC Q1 2020 Earnings Report
EVERTEC's financial performance was affected by COVID-19, resulting in a mix of growth and decline.
Key Takeaways
EVERTEC reported a 3% increase in revenue to $121.9 million for the first quarter of 2020. However, GAAP net income attributable to common shareholders decreased to $22.2 million, or $0.30 per diluted share. Adjusted EBITDA also saw a decrease of 2% to $56.3 million, and adjusted earnings per common share decreased by 8% to $0.46. The company has suspended its annual guidance due to the uncertainty caused by the COVID-19 pandemic.
Revenue increased by 3% reaching $121.9 million.
GAAP Net Income attributable to common shareholders decreased to $22.2 million, with EPS at $0.30.
Adjusted EBITDA decreased by 2% to $56.3 million.
Adjusted earnings per common share decreased by 8% to $0.46.
Revenue by Segment
Forward Guidance
The Company is suspending its financial outlook for 2020 given the uncertainty around the duration of the pandemic and its impact on the economy.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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