Evertec Inc (EVTC) News & EventsEVTCEvertec Inc

Company Reports Q2 Revenue of $274.82M, Raises Full-Year Guidance

Reports Q2 revenue $274.82M, consensus $262.24M. Mac Schuessler, President and Chief Executive Officer stated "We delivered a strong second quarter, reflecting organic growth across our business, the contributions from our recent acquisitions, and the continued execution of our strategy. Given our strong first-half performance and outlook for the remainder of the year, we are raising our full-year guidance and remain focused on executing our strategy."

FY26 Revenue Expected at $1.085B-$1.095B

Sees FY26 revenue $1.085B-$1.095B, consensus $1.08B. "We continue to expect Adjusted EBITDA margin of 39% to 40% We continue to expect capital expenditures to be approximately $90 million. We continue to expect an adjusted effective tax rate of approximately 11% to 12%."

Company Approves Share Repurchase Authorization Increase to $150 Million

On July 31, 2026, the Company's Board of Directors approved an increase to the share repurchase authorization to an aggregate $150 million, while maintaining the current expiration date of December 31, 2027. Prior to this authorization increase, approximately $83.0 million remained available under the program. The Company may repurchase shares in the open market, through accelerated share repurchase programs, 10b5-1 plans, or in privately negotiated transactions, subject to business opportunities and other factors.