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IBDvalueinvestin (98.44)

EVTC will report its first earnings as a public company 5/6/13



April 25, 2013 – Comments (0) | RELATED TICKERS: APO , BPOP

The company operates in three segments: Merchant Acquiring, Payment Processing, and Business Solutions.

It was IPO'd as a growth story but after the initial pop on IPO day it has settled back to where it was priced by underwriters. It will be interesting to see what their guidance will be for future earnings and revenue growth.

Apollo (APO) owns 28.8% of Evertec shares and Popular (BPOP) owns 33.5%.

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