EVERTEC, Inc. announced strong financial results for the second quarter ended June 30, 2025, with total revenue increasing 8% year-over-year to $229.6 million. On a constant currency basis, revenue grew 10% to $232.9 million, driven by organic growth across all segments and contributions from acquisitions completed in the fourth quarter of 2024.
The company reported GAAP net income of $40.5 million, or $0.62 per diluted share, an increase from $31.9 million, or $0.49 per diluted share, in the prior year. Adjusted EBITDA rose by $6.5 million to $92.6 million, maintaining a healthy 40.3% margin.
Adjusted earnings per common share (EPS) increased 7% to $0.89, reflecting higher Adjusted EBITDA and lower cash interest expense. The company's consistent performance led management to raise its full-year 2025 financial outlook for the second consecutive quarter.
The revised 2025 revenue guidance is now between $901 million and $909 million, representing 6.6% to 7.6% growth, an increase from the previous range. Adjusted EPS guidance was also raised to $3.44 to $3.51, indicating 4.8% to 7.0% growth over 2024. The Adjusted EBITDA margin is expected to remain between 39.5% and 40.5%.
In a move to enhance shareholder returns, EVERTEC's Board of Directors approved an increase to the share repurchase authorization to an aggregate of $150 million, extending the expiration date to December 31, 2026. This represents a significant increase from the approximately $134 million remaining on the prior program.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.