John Davis's questions to Evertec Inc (EVTC) leadership • Q2 2025
Question
John Davis of Raymond James Financial sought confirmation that the Cynquia asset's growth rate is back to desired levels, asked what drove the full-year guidance raise beyond the Q2 beat, and inquired about the M&A pipeline and capacity for larger deals.
Answer
President & CEO Mac Schuessler confirmed that Cynquia's performance exceeded expectations and its growth rate is back on track. EVP & CFO Joaquin Castrillo-Salgado explained the guidance raise reflects strong performance across all LatAm businesses and improved FX, partially offset by M&A anniversaries in Q4. Regarding M&A, Mr. Schuessler noted that while a large transformational deal is not the focus, the company has the balance sheet for deals in the size range of past acquisitions.