Earnings release
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EX - 99.1 2 ex99106302021.htm EX - 99.1 ● ● SAN JUAN , PUERTO RICO - August 3 , 2021 - EVERTEC , Inc. ( NYSE : EVTC ) ( " Evertec " or the " Company " ) today announced results for the second quarter ended June 30 , 2021 . Second Quarter 2021 Highlights ● ● Six - Month Year - to - Date 2021 Highlights ● evertec ● EVERTEC REPORTS SECOND QUARTER 2021 RESULTS INCREASES ANNUAL GUIDANCE ● Revenue increased 26 % to $ 149.1 million GAAP Net Income attributable to common shareholders was $ 49.2 million or $ 0.68 per diluted share Adjusted EBITDA increased 60 % to $ 80.3 million Adjusted earnings per common share was $ 0.78 , an increase of 105 % Share repurchases totaled $ 10.1 million . Revenue increased 20 % to $ 288.7 million GAAP Net Income attributable to common shareholders was $ 84.7 million or $ 1.16 per diluted share Adjusted EBITDA increased 40 % to $ 149.2 million Exhibit 99.1 Adjusted earnings per common share was $ 1.40 , an increase of 67 % Share repurchases totaled $ 24.4 million Mac Schuessler , President and Chief Executive Officer stated , " We delivered strong second quarter results as we continue to benefit from improving consumer demand in Puerto Rico and our recent new business implementations in Latin America . Looking to the second half of 2021 , we are raising our full year guidance . " Second Quarter 2021 Results Revenue . Total revenue for the quarter ended June 30 , 2021 was $ 149.1 million , an increase of 26 % compared with $ 117.9 million in the prior year quarter . The revenue increase in the second quarter was primarily driven by transactional revenue growth in Puerto Rico reflecting increased consumer demand , coupled with increased revenue from the Company's digital solutions , such as ATH Movil and ATH Movil Business . Latin America reflected double - digit growth driven mainly by recent new business implementations . Prior year revenue was negatively impacted by COVID - 19 related stay - at - home orders across all the regions in which the Company operates .