Evertec posts 24% Q3 revenue growth and lifts full‑year 2026 outlook
Evertec reported third‑quarter 2026 revenue of $283.0 million, a 24% increase year‑over‑year on a reported basis and 21% on a constant‑currency basis. GAAP net income was $29.9 million ($0.49 per share) while adjusted earnings per share rose 16% to $1.07. The company completed the BBChain acquisition, repurchased 500,946 shares for $15.4 million and raised its 2026 revenue guidance to $1.088‑$1.096 billion and adjusted EPS guidance to $4.00‑$4.08 per share.
Why it matters
The company expects revenue growth of 16.7%‑17.6% for 2026, up from its prior 16.4%‑17.5% outlook. It also projects adjusted EPS growth of 10.5%‑12.7% for the year, higher than the previous 8.8%‑13.8% range. These upgrades suggest higher earnings potential and may support the recent 9.9% share price increase.
Key facts
- 1Q3 2026 revenue was $283.0 million, up 24% year‑over‑year on a reported basis. sec.gov
- 2The same revenue represented a 21% increase on a constant‑currency basis. sec.gov
- 3GAAP net income was $29.9 million, or $0.49 per diluted share. sec.gov
- 4Adjusted earnings per share increased 16% to $1.07 on a reported basis. sec.gov
- 5Adjusted EBITDA was $110.5 million, up 19% on a reported basis. sec.gov
- 6The company repurchased 500,946 shares for $15.4 million during the quarter. sec.gov
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.