Evertec, Inc. Provides Earnings Guidance for the Full Year 2021
March 01, 2021 at 07:00 am EST
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EVERTEC, Inc. provided earnings guidance for the full year 2021. For the year, the company expected consolidated revenue between $533 million to $544 million representing growth of 4% to 7%.
EVERTEC, Inc. is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually. It offers a range of services for core bank processing, cash processing and technology outsourcing. It owns and operates the ATH network, which is a personal identification number (PIN) debit network in Latin America. It serves a range of financial institutions, merchants, corporations and government agencies with solutions that enable them to issue, process and accept transactions securely. The Company's range of services spans the entire transaction processing value chain and includes a range of front-end customer-facing solutions.