SAN JUAN, Puerto Rico (AP) _ Evertec Inc. (EVTC) on Wednesday reported third-quarter net income of $35.3 million.

On a per-share basis, the San Juan, Puerto Rico-based company said it had profit of 48 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 62 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 62 cents per share.

The payment processing company posted revenue of $145.9 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $141.9 million.

Evertec expects full-year earnings in the range of $2.61 to $2.66 per share, with revenue in the range of $574 million to $583 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVTC at https://www.zacks.com/ap/EVTC

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