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EVERTEC's (EVTC) CEO Mac Schuessler on Q1 2021 Results - Earnings Call Transcript

May 01, 2021 7:07 PM ETEVERTEC, Inc. (EVTC) Stock
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EVERTEC, Inc. (NYSE:EVTC) Q1 2021 Earnings Conference Call April 29, 2021 4:30 PM ET

Company Participants

Kay Sharpton – Vice President-Investor Relations

Mac Schuessler – President and Chief Executive Officer

Joaquin Castrillo – Chief Financial Officer

Conference Call Participants

Bob Napoli – William Blair

Korey Marcello – Deutsche Bank

Vasu Govil – KBW

Jamie Friedman – Susquehanna

John Davis – Raymond James

James Faucette – Morgan Stanley


Good day, and welcome to the EVERTEC, Incorporated First Quarter 2021 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Ms. Kay Sharpton, Vice President of Investor Relations. Please go ahead.

Kay Sharpton

Thank you and good afternoon. With me today are Mac Schuessler, our President and Chief Executive Officer; and Joaquin Castrillo, our Chief Financial Officer.

Before we begin, I'd like to remind everyone that this call may contain forward-looking statements and should be considered in conjunction with cautionary statements contained in our earnings release and the company's most recent periodic SEC report. During today's call, management will provide certain information that will constitute non-GAAP financial measures under SEC rules, such as adjusted EBITDA, adjusted net income and adjusted earnings per common share.

Reconciliations to GAAP measures and certain additional information are also included in today's earnings release and related supplemental slides, which are available in the Investor Relations section of our company website at www.evertecinc.com.

I'll now hand the call over to Mac.

Mac Schuessler

Thanks, Kay, and good afternoon, everyone. We achieved strong results in the first quarter driven by consumer demand as we lapped the one-year anniversary of the pandemic as well as benefit from the impact of

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