EVERTEC Raises Outlook, But ATH Token Still Down 54% Year-Over-Year

On August 5, 2026, ATH rose by 1.02% within 24 hours to reach $0.00397. The asset rose by 3.39% within 7 days, rose by 3.39% within 1 month, and dropped by 53.94% within 1 year. This market movement occurred alongside significant operational developments from EVERTEC, Inc., the entity that owns and operates the ATH® network, one of the leading personal identification number (PIN) debit networks in Latin America.

EVERTEC Reports Strong Second Quarter Performance

EVERTEC, Inc. announced its financial results for the second quarter ended June 30, 2026, highlighting robust organic growth and strategic expansion. Total revenue for the quarter increased by 20% to $274.8 million, compared to $229.6 million in the prior year quarter. This growth was driven by organic expansion across most of the company's segments, contributions from recent acquisitions, and favorable foreign currency fluctuations. On a constant currency basis, revenue grew by approximately 16% to $265.7 million.

The company’s Latin America segment demonstrated particular strength, benefiting from recent acquisitions and continued organic growth. Revenue within this region was further bolstered by foreign currency exchange rate fluctuations, which contributed an additional $9.1 million. Specifically, Payments Puerto Rico revenue saw increases driven by higher point-of-sale transactions and growth in ATH Movil, primarily within the ATH Movil Business segment. This segment also recognized a non-recurring volume-based benefit during the quarter.

Financial Metrics and Adjusted EBITDA

EVERTEC reported Adjusted EBITDA of $109.3 million, an increase of $16.8 million from the prior year quarter. This represented an Adjusted EBITDA margin of 39.8%, a modest decrease from the 40.3% margin recorded in the previous year. The slight compression in margin primarily reflected the higher contribution from the Latin America segment, which typically carries different margin characteristics compared to other regions.

Adjusted Net Income totaled $64.8 million, up from $57.7 million in the prior year. Adjusted earnings per common share increased by 18% to $1.05, driven by the higher adjusted net income and a lower share count resulting from share repurchases completed during the current and prior years. GAAP Net Income attributable to common shareholders was $5.4 million, or $0.09 per diluted share. The decline from the prior year’s $40.5 million was attributed to non-recurring items, including impairment charges from exiting an equity method investment, cybersecurity incident response costs, and increased interest expense following recent acquisitions.

Strategic Initiatives and Capital Return

During the quarter, EVERTEC advanced its growth strategy in Latin America through new agreements with Transbank in Chile and Clip in Mexico. The company also returned $50.1 million to shareholders through share repurchases and dividends. On July 31, 2026, the board of directors approved an increase to the share repurchase authorization to an aggregate $150 million, while maintaining the current expiration date of December 31, 2027. During the three months ended June 30, 2026, the company repurchased 1,907,437 shares at an average price of $24.68 per share, totaling $47.1 million.

Revised Full-Year Outlook

Reflecting its strong first-half performance, EVERTEC raised its full-year 2026 financial guidance. The company now expects revenue between $1,085 million and $1,095 million, representing growth of approximately 16.4% to 17.5%. This marks an increase from the previous expectation of 15.1% to 16.4%. Constant currency growth is now expected to be between 14.5% and 15.6%.

For adjusted earnings per common share, EVERTEC now projects a range of $3.94 to $4.04, indicating growth of approximately 8.8% to 11.7%. This is an upward revision from the previous guidance of 6.6% to 9.9%. The company continues to expect an adjusted EBITDA margin of 39% to 40% and capital expenditures of approximately $90 million for the full year. These operational milestones and financial upgrades from EVERTEC, the operator of the ATH network, provide fundamental context for the asset's recent price action.