Page 1

EX - 99.1 2 ex99109302021.htm EX - 99.1 evertec ● SAN JUAN , PUERTO RICO - October 27 , 2021 - EVERTEC , Inc. ( NYSE : EVTC ) ( " Evertec " or the " Company " ) today announced results for the third quarter ended September 30 , 2021 . Third Quarter 2021 Highlights ● EVERTEC REPORTS THIRD QUARTER 2021 RESULTS Nine - Month Year - to - Date 2021 Highlights Revenue increased 7 % to $ 145.9 million GAAP Net Income attributable to common shareholders was $ 35.3 million or $ 0.48 per diluted share Adjusted EBITDA decreased slightly to $ 69.8 million Adjusted earnings per common share was $ 0.62 , a decrease of 5 % Revenue increased 15 % to $ 434.6 million GAAP Net Income attributable to common shareholders was $ 120.0 million or $ 1.65 per diluted share Adjusted EBITDA increased 24 % to $ 218.9 million Adjusted earnings per common share was $ 2.02 , an increase of 36 % Share repurchases totaled $ 24.4 million Third Quarter 2021 Results Exhibit 99.1 Mac Schuessler , President and Chief Executive Officer stated , " We are pleased to have delivered strong third quarter results , driven by continued robust payment volume growth in both Puerto Rico and Latin America . We remain focused on innovation and execution on new contracts , and this has led to expansion in existing markets . " Revenue . Total revenue for the quarter ended September 30 , 2021 was $ 145.9 million , an increase of 7 % compared with $ 136.5 million in the prior year quarter as we continue to benefit from increased transactions in Puerto Rico , driven by the continued effect from the inflow Federal funds and increased revenue from our digital payment solutions . Revenue growth in Latin America is driven mainly by client implementations in the beginning of the current year , organic growth from existing customers and the continued expansion of Place to Pay . These increases were partially offset by the one - time impact in the prior year quarter from a contract with the Puerto Rico Department of Education . 1