EVERTEC Q3 revenue rises 22% to $211.8 million; net income up 146%
EVERTEC reported third-quarter 2024 revenue of $211.8 million, up 22%, and GAAP net income attributable to common shareholders of $24.7 million, up 146%. The company also said it closed its acquisition of Grandata on October 30, 2024, and its 2024 outlook for revenue and adjusted earnings per share was unchanged in the filing.
Key points
- Revenue rose 22% to $211.8 million; GAAP diluted EPS rose 153% to $0.38
- Adjusted EBITDA rose 11% to $87.4 million, but adjusted EBITDA margin fell about 420 basis points to 41.3%
- Adjusted EPS rose 8% to $0.86; the company repurchased $12.3 million of stock, with about $138 million remaining under its program
- Grandata, a Mexico-based data analytics company, was acquired on October 30, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.