Revenue Update on Evertec Inc(NYSE:EVTC)

Evertec Inc(NYSE:EVTC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Earnings per share were $0.43.

Evertec Inc (EVTC) made into the market gainers list on Thursdays trading session with the shares advancing 0.88% or 0.15 points. Due to strong positive momentum, the stock ended at $17.26, which is also near the day’s high of $17.35. The stock began the session at $17.08 and the volume stood at 2,81,862 shares. The 52-week high of the shares is $21.4 and the 52 week low is $11.265. The company has a current market capitalization of $1,278 M and it has 7,40,27,206 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Sep 21, 2015, Carlos J. Ramirez (Executive Vice President) sold 37,500 shares at $18.31 per share price.Also, On May 8, 2015, Miguel Vizcarrondo (Executive Vice President) sold 50,000 shares at $22.06 per share price.

EVERTEC Inc. is a service transaction processing business in Latin America. The Company operates through three segments: Merchant Acquiring Payment Processing and Business Solutions. The Merchant Acquiring segment consists of services that allow merchants to accept electronic methods of payment. Its services include a discount fee and membership fees charged to merchants debit network fees and rental fees from point-of-sale (POS) devices and other equipment net of credit card interchange and assessment fees. The Payment Processing segment provides access to the ATH network and other card networks to financial institutions including services such as authorization processing management and recording of automated teller machines (ATM) and POS transactions and ATM management and monitoring. The Business Solutions segment consist of a suite of business process management solutions in various product areas such as core bank processing network hosting and management among others.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Evertec Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Evertec Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.