Evertec reported third quarter 2026 results that exceeded analyst expectations for both revenue and profitability. Total revenue increased 24% year-over-year to $283 million, supported by double-digit growth in its Latin American operations and higher payment processing volumes, which more than offset contractually mandated discounts in its Business Solutions segment. Consequently, management raised its full-year 2026 revenue and adjusted EPS guidance ranges.
Key Highlights
- Latin America segment revenue surged 58.9% to $143.6 million, driven by the integration of Sinqia and continued organic growth across the region.
- Adjusted EPS rose 16% to $1.07, benefiting from strong operating results and a reduced share count following recent buybacks.
- Adjusted EBITDA margin contracted 150 basis points to 39.0%, reflecting the ongoing mix shift toward the faster-growing but lower-margin Latin American markets.
- The company repurchased $15.4 million of common stock during the quarter and expanded its digital infrastructure via the completed acquisition of BBChain.