Evertec announces 8% jump in 4Q19 revenue to $127.2M, up 7% to $487.4M for year
February 26, 2020
Puerto Rican transaction processing firm Evertec announced it a revenue increase of 8% to $127.2 million during the fourth quarter in 2019, and revenue growth of 7% to $487.4 million for the full year ended Dec. 31, 2019. “We’re pleased with our financial results for the year and with the advancement of our key growth […]
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Evertec Included in ’20 Bloomberg Gender-Equality Index
January 22, 2020
Evertec Inc. announced that it is one of 325 companies selected for the 2020 Bloomberg Gender-Equality Index (GEI), which distinguishes companies committed to transparency in gender reporting and advancing women’s equality. “We’re proud to be included in the Bloomberg Gender Equality Index again this year. Evertec is committed to diversity and inclusion and we believe […]
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P.R. co’s open wallets to help earthquake-hit towns; Serrallés donates $1M
January 14, 2020
Four of Puerto Rico’s largest businesses are opening their corporate wallets to help victims of the earthquakes that have hit the island’s southern towns recover. The group includes Ponce-based Destilería Serrallés, Inc., producer of Don Q rum, which announced it will contribute $1 million to provide immediate disaster relief and essential services. “We stand in […]
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Evertec announces completion of Colombia’s PlacetoPay acquisition
December 3, 2019
Evertec announced that it completed the acquisition of 100% of the shares of capital stock of EGM Engineering Without Borders, known commercially as PlacetoPay. Based in Colombia, PlacetoPay is a gateway and payment service provider primarily in Colombia and Ecuador. Evertec entered into the agreement on July 26, 2019, as this media outlet reported. “We’re […]
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Evertec partners with ‘GivingTuesdayPR’ by easing digital payments to nonprofits
November 27, 2019
Evertec announced its partnership with #GivingTuesdayPR by working with the more than 1.3 million users so they contribute and support nonprofits in their fundraising event. GivingTuesdayPR is part of a global effort to raise awareness about the work these organizations do in Puerto Rico In its third year on the island, #GivingTuesdayPR once again joins […]
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Evertec reports 6% year-over-year revenue growth $118.8M in 3Q19
October 31, 2019
Evertec Inc. announced results for the third quarter ended Sept. 30, which showed that revenue grew 6% to $118.8 million compared with $112.0 million in the prior year. Revenue increase in the quarter reflected growth across all segments and included benefits from value added solutions, new managed services and other pricing actions. Additionally, increased revenue […]
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Piloto 151, Evertec launch speaker series on female tech leaders in P.R./LatAm
September 24, 2019
With the purpose of increasing women’s participation in the technology sector, Piloto 151, with its series Womentechover, and Evertec, announced the launch of a speaker series in Puerto Rico and Latin America to highlight the stories of female leaders in the industry who can serve as role models and help move the diversity needle. The […]
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Evertec awards 135 scholarships to STEM students in P.R./LatAm
September 23, 2019
Evertec Inc. has awarded 135 scholarships to outstanding students from Puerto Rico and Latin America. In the past five years, Evertec has granted more than $500,000 in scholarships to students who are pursuing bachelor’s, master’s, and doctoral degrees at more than 25 universities. The Evertec Scholarship Program, which is now celebrating its fifth anniversary, supports […]
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Co.’s step up to aid hurricane-ravaged Bahamas, Red Cross receiving donations
September 4, 2019
A number of private companies announced the steps they will take to help the Bahamas, where a number of its islands were ravaged by Hurricane Dorian, leaving a trail of death and destruction. Evertec Inc. will donate $100,000 for hurricane relief efforts, said CEO Mac Schuessler. “Hurricane Dorian is a devastating natural disaster in the […]
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Evertec partners with Citi for regional expansion of collection platform
August 7, 2019
Evertec Inc. announced it has expanded its regional collection and payment platform with Citi to include Mexico through Citibanamex. This platform, which serves Citi’s corporate treasury clients, is already live in Colombia and in Guatemala, it announced. “We’re pleased to be Citi’s partner with this solution to simplify the collection process for regional corporations and […]
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Evertec reports 8% in revenue growth to $122.5M in 2Q19
August 1, 2019
Evertec Inc. announced revenue growth of 8% to $122.5 million for the second quarter ended June 30, 2019. Adjusted earnings per common share was $0.51, an increase of 11%, while Adjusted EBITDA increased 7% to $57.8 million during the quarter. For the six months ended on the same date, Evertec posted 8% revenue growth to […]
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Evertec to enter Chilean payments market through agreement with Banco Santander Chile
June 28, 2019
Evertec Inc. announced the signing of an agreement with Banco Santander Chile under which the Puerto Rican firm will provide acquiring processing services as well as other solutions and regional expertise as Banco Santander enters the merchant acquiring business in Chile. “We’re extremely pleased to provide our products and services to Banco Santander, the first […]
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Evertec reports 8% year-over-year 1Q19 revenue growth
May 2, 2019
Evertec Inc. announced results for the first quarter ended Mar. 31, 2019, reporting $118.8 million in revenue, an 8% growth compared with $110.3 million in the prior year. Revenue increase in the quarter reflected growth from elevated sales volumes in Puerto Rico and increased core banking transactions in part due to last year’s hurricane impacted […]
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Evertec partners with Women’s Business Institute to provide tech training
April 12, 2019
Evertec and the Women’s Business Institute entered into an alliance to promote the growth of businesses founded by women through training that will address the need to expand their knowledge in the use of technology to establish, manage, streamline and grow their business. “The use and knowledge of technology for a company is a catalyst […]
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Evertec reports $20.2M in net income for 4Q18, $86.3M for full year
February 21, 2019
Evertec Inc. announced results for the fourth quarter and full year ended Dec. 31, 2018, reporting net income of $20.2 million and $86.3 million, for the respective periods. During the last quarter of 2018, GAAP Net Income attributable to common shareholders represented or $0.27 per diluted share, compared with $5.8 million or $0.08 per diluted share […]
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