Q3 2025 Evertec Inc Earnings Call Transcript
Key Points
- Evertec Inc (EVTC) reported an 8% increase in revenue for the third quarter, reaching $228.6 million, with growth across all segments.
- The company achieved a 6% year-over-year increase in adjusted EBITDA, amounting to $92.6 million, with a margin of 40.5%.
- Evertec Inc (EVTC) successfully closed the acquisition of Tecnobank, enhancing its presence and capabilities in Brazil.
- The company signed significant deals with Banco de Chile and Financiera Oh! in Peru, expanding its footprint in Latin America.
- Evertec Inc (EVTC) maintained strong liquidity with approximately $518.6 million as of September 30, 2025.
- Evertec Inc (EVTC) experienced a cybersecurity incident in August, impacting the Pix real-time payment system in Brazil.
- The company's adjusted EBITDA margin decreased by 80 basis points year over year, reflecting some operational challenges.
- There was a slight decrease in merchant acquiring spread due to a shift towards more card-present transactions.
- The business solutions segment saw a 2% decrease in adjusted EBITDA, with margins down 100 basis points due to a one-time credit and lower margin from hardware sales.
- Evertec Inc (EVTC) faces potential headwinds from a 10% discount on selected MSA services with Banco Popular, impacting future revenue.
Good day and welcome to the Evertec third-quarter 2025 earnings conference call. (Operator Instructions) Please note this event is being recorded.
I would now like to turn the conference over to Lloyer Montez Santiago, Finance Property and Investor Relations Senior Manager. Please go ahead.
Thank you and good afternoon. With me today are Mac Schuessler, our President and Chief Executive Officer; Joaquin Castrillo, our Chief Operating Officer; and Karla Cruz Jusino, Chief Financial Officer.
Before we begin, I would like to remind everyone that this co may contain forward-looking statements and should be considered in conjunction with cautionary statements contained in earnings release and the company's most recent periodic SEC report. During today's call, management will provide certain information that will constitute non-GAAP financial measures under SEC rules, such as constant currency revenue adjusted EBITDA, adjusted net income, and adjusted earnings per common
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
